RE:Glad I soldMaybe not a bad move. Seen it many time Target price up but see last line of latest news ....their is not that many way to MAKING THE NECESSARY INVESTMENT Hmm ! that sound like dillution to me .
| Operating Margin (ttm) | -10,156.50% |
VICTORIA, British Columbia--(BUSINESS WIRE)--
Aurinia Pharmaceuticals Inc. (NASDAQ:AUPH-TSX:AUP) (“Aurinia” or the “Company”) has released its financial results for the fourth quarter and year ended December 31, 2016. Amounts, unless specified otherwise, are expressed in U.S. dollars.
Aurinia plans to initiate a single, Phase III clinical trial (“AURORA”) whose design is consistent with that of the ongoing AURA-LV (“AURA”) clinical trial. The totality of data from both the AURORA and AURA trials will serve as the basis for a New Drug Application (NDA) submission following completion of the Phase III trial. The Company continues to focus its efforts on finalizing the study protocol and regulatory submissions in parallel with site selection, making the necessary investments now to ensure the team has the tools to execute a successful clinical trial.