Dyne Therapeutics Expects Cash & Equivalents Of $778.8M As Of June-End To Fund Operations At Least Into H2 Of 2026
Portfolio Pulse from Benzinga Newsdesk
Dyne Therapeutics expects to have $778.8 million in cash and equivalents by the end of June, which is projected to fund its operations at least into the second half of 2026.
August 12, 2024 | 9:22 pm
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Dyne Therapeutics expects to have $778.8 million in cash and equivalents by the end of June, which is projected to fund its operations at least into the second half of 2026.
The significant cash reserve ensures that Dyne Therapeutics can continue its operations without financial strain for several years, which is a positive indicator for investors.
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