Molecular Partners Expects To Be Funded Into 2026 With Cash And Short-Term Deposits Of CHF 174.1M; Expects Total Operating Expenses Of CHF 70-80 Million For 2024
Portfolio Pulse from Benzinga Newsdesk
Molecular Partners expects to be funded into 2026 with cash and short-term deposits of CHF 174.1 million. The company anticipates total operating expenses of CHF 70-80 million for 2024.
May 16, 2024 | 8:16 pm
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Molecular Partners expects to be funded into 2026 with CHF 174.1 million in cash and short-term deposits, and projects operating expenses of CHF 70-80 million for 2024.
The news indicates strong financial health for Molecular Partners, with sufficient funding into 2026 and manageable operating expenses for 2024. This is likely to positively impact investor sentiment and the stock price in the short term.
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