SOUTH SAN FRANCISCO, Calif. (AP) — SOUTH SAN FRANCISCO, Calif. (AP) — Assembly Biosciences Inc. (ASMB) on Monday reported a loss of $9.2 million in its third quarter.
On a per-share basis, the South San Francisco, California-based company said it had a loss of 72 cents.
The biotech drug developer posted revenue of $10.8 million in the period.
Assembly Biosciences shares have more than doubled since the beginning of the year. In the final minutes of trading on Monday, shares hit $32.02, a rise of 91% in the last 12 months.
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