UPDATE 1-GTx posts wider Q2 loss

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Aug 5 (Reuters) - Biotechnology company GTx Inc (GTXI.O) posted a wider second-quarter loss, hurt by higher research, general and administrative expenses.

Net loss for the quarter was $13.2 million, or 37 cents a share, compared with $9.2 million, or 26 cents a share, a year ago. Revenue rose 65 percent to $3.0 million.

Analysts on average expected a loss of 38 cents a share, before special items, on revenue of $3.9 million, according to Reuters Estimates.

For the second quarter, general and administrative expenses rose 78 percent, while research and development expenses increased 20 percent.

Shares of the Memphis, Tennessee-based company closed at $17.73 Monday on Nasdaq. (Reporting by Vidya L Nathan in Bangalore; Editing by Amitha Rajan)