Rubius reports $39.4M loss in Q2, heralds progress

PROVIDENCE – Rubius Therapeutics Inc. reported on Tuesday a loss of $39.4 million in the second quarter of 2019, or 50 cents per diluted share. Rubius posted operating expenses, including research and development expenditures, of $41.3 million. The Cambridge, Mass.-headquartered company, which specializes in allogenic cellular therapies for several diseases and across multiple therapeutic areas,…

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