CoCensys Reports First-Quarter Loss
IRVINE —
CoCensys Inc., a biotechnology company, reported a net loss of $5.6 million, or 39 cents a share, for the first quarter, compared with a net loss of $4.6 million, or 50 cents a share, for the same three months last year. Quarterly revenue totaled $234,000. The company recorded no revenue for last year’s first quarter.