MediciNova Inc. provided earnings guidance for the six months ended June 30, 2016 and the year ending December 31, 2016. For the six months, the company expected operating loss of $5,229,000 and net loss of $5,229,000. The company expected basic and diluted loss per share for the six months ending June 30, 2016 of $0.16.

For the year ending December 31, 2016, the company expected operating loss of $10,254,000 and net loss of $10,254,000. The company expected basic and diluted loss per share of $0.31.