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Nicox reports year-to-date net loss
Nicox reported a net loss of €13.6 million for the 9-month period ending Sept. 30, according to a press release.For the same period a year ago, Nicox recorded a net loss of €4.6 million. The company cited an increase in operating expenses associated with the costs of building its commercial organization in the U.S. and Europe and a decrease in revenue as reasons for the loss.