Tengion, Inc. reported unaudited earnings results for the fourth quarter and full year ended December 31, 2012. For the quarter, the company reported net loss attributable to common shareholders of $13,970,000 or $5.91 loss per share against net loss attributable to common shareholders of $4,089,000 or $1.72 loss per share for the same period a year ago. Adjusted net loss was $6,202,000 or $3.29 per share against $5,908,000 or $0.77 loss per share for the same period a year ago. The decreased adjusted net loss for the 2012 period was primarily due to a reduction in compensation and related expenses of $2.0 million and a decrease in depreciation expense of $0.2 million.

For the year, the company reported net loss attributable to common shareholders of $19,061,000 or $8.82 loss per share against net loss attributable to common shareholders of $16,929,000 or $7.13 loss per share for the same period a year ago. Adjusted net loss was $24,421,000 or $2.48 loss per share against $18,985,000 or $0.87for the same period a year ago.