Foghorn Therapeutics Reports FY23 Collaboration Revenue Of $34.2M Vs $19.2M A Year Ago
Portfolio Pulse from Benzinga Newsdesk
Foghorn Therapeutics reported a significant increase in its FY23 collaboration revenue, reaching $34.2 million compared to $19.2 million in the previous year.
March 07, 2024 | 12:16 pm
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Foghorn Therapeutics reported a substantial increase in FY23 collaboration revenue, which rose to $34.2 million from $19.2 million the previous year.
The significant increase in collaboration revenue for Foghorn Therapeutics indicates a strong performance and potential growth in partnerships. This positive financial outcome is likely to be viewed favorably by investors, potentially leading to an increase in stock price in the short term.
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