Cetus Corp. posted a fourth-quarter loss of...

Cetus Corp. posted a fourth-quarter loss of $2 million and a loss of $33.4 million for the year. The Emeryville, Calif.-based biotech company reported net income of $15,000 and $1 million in the respective year-ago periods. Cetus said the loss resulted from special charges of $25 million in connection with its purchasing limited partnership interests in a health-care subsidiary, special costs in connection with the start-up of a European unit and increased expense for financing debt.