11:39 AM EST - Medicago Inc. : reported financial results for the first quarter, posting a net loss of $2.62 million or $0.03 per share, compared to a loss of $320,000 or $0.01 per share in the same period last year. The company reported no revenues in the first quarter of 2009 compared to $1.66 million in last-year period. Medicago Inc.
shares V.MDG are trading down $0.015 at $0.26.