Synthetic Biologics 2Q financial results & development plans: 3 things to know

Synthetic Biologics, a biologics and drug development company, has announced its second quarter financial results. Here are three things to know about the company and its financial performance.

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1. The company’s general administrative expenses rose from $1.3 million in the second quarter of 2013 to $1.8 million. Research and development costs increased from $1.2 million in the second quarter of 2013 to $2.8 million.

2. The company formed an irritable bowel syndrome clinical advisory board in the spring of this year. Synthetics Biologics has filed new patent applications for the C-IBS program.

3. The company has also announced plans to file INDs and initiate clinical trials this year for its C. difficile and C-IBS programs.

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