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pSivida reports $18.5 million yearly loss
In the fourth fiscal quarter of 2017, pSivida reported a net loss of $6.1 million, or $0.16 per share, compared with a net loss of $6.4 million, or $0.19 per share, in 2016’s fourth quarter. Revenue for the quarter was reported at $701,000 compared with $304,000 in the fourth quarter of 2016, according to a press release.