Seeking Alpha

Harvard Apparatus loss per share $0.34

  • Harvard Apparatus Regenerative Technology's (HART) Q4 loss per share was $0.34 vs $0.25 a year earlier.
  • Company recognizes revenue of $22,000.
  • HART's net loss was $2.6M vs $2M a year earlier.
  • In December, a fifth successful regenerated human trachea transplant surgery took place.
  • Early this year, HART held a meeting with the FDA to help the company towards starting trials for its regenerated trachea. The firm has also requested orphan biologics status for the product.
  • HART had cash on hand of $14M at the end of 2013 and no debt.
  • HART was spun off from Harvard Bioscience on November 1. (PR)
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