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BRIEF-Cipher Pharmaceuticals Q4 net loss $11.3 million

Published 2017-03-02, 07:19 a/m
© Reuters.  BRIEF-Cipher Pharmaceuticals Q4 net loss $11.3 million
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March 2 (Reuters) - Cipher Pharmaceuticals Inc CPH.TO

* Cipher Pharmaceuticals reports 2016 Q4 & year-end financial results

* Cipher Pharmaceuticals Inc qtrly total revenue of $10.7 million, an increase of 10% from $9.7 million in Q4 2015

* Cipher Pharmaceuticals Inc qtrly net loss of $11.3 million, or $0.45 per basic share

* Cipher Pharmaceuticals Inc says "we continue to pursue strategic options for U.S. business"

* Cipher Pharmaceuticals says have taken steps to reduce cost structure; expect to achieve cash savings of about $3 million on annualized basis Source text for Eikon: Further company coverage: CPH.TO

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