TScan Therapeutics' Cash, Cash Equivalents, And Marketable Securities Of $297.7M Continue To Fund Operations Into The Fourth Quarter Of 2026
Portfolio Pulse from Benzinga Newsdesk
TScan Therapeutics has reported that its cash, cash equivalents, and marketable securities total $297.7 million, which will fund its operations into the fourth quarter of 2026.
August 12, 2024 | 11:21 am
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POSITIVE IMPACT
TScan Therapeutics has $297.7 million in cash, cash equivalents, and marketable securities, ensuring operational funding into the fourth quarter of 2026.
The substantial cash reserves and funding assurance into late 2026 provide financial stability and reduce the risk of liquidity issues, which is positive for TScan Therapeutics' stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100