QT Vascular, losses widen 2015

FEB 29, 20168:19 PM

CATALIST-LISTED QT Vascular sank further into the red in FY2015, dragged by higher research and development (R&D) expenses, as well as a US$23.4 million recognised as damages the company had to fork out in relation to the AngioScore judgement.

For the full year, net loss leapt 55.2 per cent to US$53.1 million.

Read original article here:
http://www.businesstimes.com.sg/companies-markets/qt-vascular-losses-widens-in-2015

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