Momenta Pharmaceuticals (MNTA +0.6%) gains on a solid Q4 earnings beat, but losses continue to...

|About: Momenta Pharmaceuticals, Inc. (MNTA)|By:, SA News Editor

Momenta Pharmaceuticals (MNTA +0.6%) gains on a solid Q4 earnings beat, but losses continue to widen and total revenue declined by 57% Y/Y. Total collaboration revenue was $12.7M, down from $29.5M a year prior due to declining enoxaparin sales. The company reafirms guidance going forward, noting that it expects total operating expenses to average $30M per quarter for 2013.