Pulmatrix Announces Third Quarter 2024 Financial Results and Provides Corporate Update
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Pulmatrix announced its Q3 2024 financial results, highlighting a transaction with MannKind Corporation that validates its iSPERSE™ technology. The company is exploring strategic alternatives to leverage iSPERSE™ further and has completed the wind-down of PUR1900. Pulmatrix projects its cash runway into Q4 2026.
November 08, 2024 | 3:45 pm
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Pulmatrix's Q3 2024 results show a strategic partnership with MannKind, validating its iSPERSE™ technology. The company is exploring further strategic alternatives and has a cash runway into Q4 2026.
The partnership with MannKind validates Pulmatrix's iSPERSE™ technology, which is a positive development. The company's exploration of strategic alternatives and a strong cash runway into Q4 2026 further support a positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100