Veloxis Pharmaceuticals A/S reported earnings results for the first quarter ended March 31, 2018. For the first quarter, the company's product revenue was USD 7,265,000 an increase of 142% compared to the same period last year. Net loss was USD 4,030,000 compared to USD 5,891,000 a year ago.

The company maintains its 2018 outlook of revenues to be in the range of USD 32 million to USD 40 million and operating loss before accounting for stock compensation in the range of USD 6 million to USD 12 million.