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BRIEF-Intellipharmaceutics International Reports Qtrly Loss Per Share Of $0.16

Published 2019-04-15, 05:17 p/m
© Reuters.  BRIEF-Intellipharmaceutics International Reports Qtrly Loss Per Share Of $0.16

April 15 (Reuters) - Intellipharmaceutics International Inc IPCI.TO :

* INTELLIPHARMACEUTICS INTERNATIONAL INC QTRLY LOSS PER SHARE $0.16

* INTELLIPHARMACEUTICS INTERNATIONAL - REVENUE OF $0.3 MILLION FOR 3 MONTHS ENDED FEB 28, 2019 VERSUS $0.3 MILLION FOR 3 MONTHS ENDED FEB 28, 2018

* INTELLIPHARMACEUTICS INTERNATIONAL INC - AS OF FEBRUARY 28, 2019, CASH BALANCE WAS $2.8 MILLION

* INTELLIPHARMACEUTICS INTERNATIONAL - EXPECT TO SATISFY OPERATING CASH REQUIREMENTS INTO Q3 2019 FROM CASH ON HAND & QTRLY PROFIT SHARE PAYMENTS

* INTELLIPHARMACEUTICS - ON APRIL 12,CO & MALLINCKRODT AGREED TO TERMINATE LICENSE & COMMERCIAL SUPPLY AGREEMENT EFFECTIVE NO LATER THAN AUGUST 31, 2019

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