CORRECT: Pacific Edge first-half loss widens on push for US growth; sales jump 67%

Thu, 24 Nov 2016

(Correct's year-earlier loss in second paragraph to $7 million from $6.4 million) By Jonathan Underhill Nov. 24 (BusinessDesk) - Pacific Edge reported a wider first-half loss as the bladder cancer test company hired more salespeople in the US and spent more on research, sales & marketing. The net loss was $11.3 million in the six months ended Sept. 30, from a loss of $7 million a year earlier, the Dunedin-based company said in a statement. Operating revenue climbed to about $3 million from $1.8 million. Pacific Edge shares have gain...

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