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What 3rd Quarter Financials Indicate for OncoSec Medical Inc (OTCMKTS:ONCS)

 
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Las Vegas, NV -- (SBWIRE) -- 12/23/2013 -- OncoSec Medical Inc (OTCMKTS:ONCS) is drug producer and device developer that offers treatments targeted to cure serious ailments. The company focuses on treating cancers. The ONCS acquired assets Inovio Pharmaceuticals.

OncoSec announced its financial report for quarter ended October 31, 2013. The company did not generate any revenues and suffered from losses. The company paid $1.21 million selling general and administrative expenses during the quarter.

The company had operating loss of $1.98 and net loss of $2.05 million during the quarter. The third quarter loss was $1.77 million. Thus the net loss of the company increased in the fourth quarter of year ended October 31, 2013.

To find out what OTCMAGIC projects for OncoSec Medical Inc for both short term and long term please click here: ONCS

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