April 12, 2018 / 5:10 AM / 8 months ago

BRIEF-Tigenix FY Operating Loss Widens to 53.2 Million Euros

April 12 (Reuters) - TIGENIX NV:

* FY OPERATING LOSS OF EUR 53.2 MILLION VERSUS LOSS OF EUR 3.0 MILLION YEAR AGO

* FY REVENUE EUR 0.9 MILLION VERSUS EUR 26.8 MILLION YEAR AGO

* LOSS FOR THE YEAR OF EUR 74.8 MILLION VERSUS PROFIT OF EUR 3.8 MILLION YEAR AGO

* TIGENIX EXPECTS TENDER OFFER TO BE LAUNCHED BY TAKEDA DURING APRIL 2018

* CASH POSITION AS OF DECEMBER 31, 2017 AMOUNTED TO EUR 34.1 MILLION Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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