Applied Therapeutics Expects That Its Cash And Cash Equivalents Of $122.2M Will Fund The Business Into 2026
Portfolio Pulse from Benzinga Newsdesk
Applied Therapeutics announced that its cash and cash equivalents of $122.2 million are expected to fund the business into 2026.
August 07, 2024 | 11:32 am
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Applied Therapeutics announced that its cash and cash equivalents of $122.2 million are expected to fund the business into 2026.
The announcement that Applied Therapeutics has sufficient cash to fund operations into 2026 is a positive signal for investors, indicating financial stability and reducing concerns about near-term liquidity issues.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100