SOUTH SAN FRANCISCO, Calif. (AP) — SOUTH SAN FRANCISCO, Calif. (AP) — Lyell Immunopharma Inc. (LYEL) on Monday reported a loss of $60.7 million in its first quarter.

On a per-share basis, the South San Francisco, California-based company said it had a loss of 24 cents.

The biotechnology firm posted revenue of $3,000 in the period.

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