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Stock impact report

Moleculin Biotech Reports Financial Highlights and Future Plans [Yahoo! Finance]

Moleculin Biotech, Inc. (MBRX) 
Last moleculin biotech, inc. earnings: 8/16 05:35 pm Check Earnings Report
US:NASDAQ Investor Relations: moleculin.com/investors
Company Research Source: Yahoo! Finance
Moleculin Biotech, Inc. is a clinical-stage pharmaceutical company focused on developing treatments for hard-to-treat cancers and viruses, leveraging discoveries licensed from MD Anderson Cancer Center. The recent earnings report highlights significant financial and operational developments for the company. Moleculin reported no revenues for the period, with a net loss of $10.6 million for the three months ended September 30, 2024, compared to a $5.6 million loss in the same period in 2023. The company has been actively managing its financial liabilities, including significant warrant activities contributing to its financial results. Looking forward, Moleculin Biotech is preparing for a Phase 3 trial for its lead program, Annamycin, while seeking additional funding to support ongoing operations and clinical trials. Management remains focused on strategic partnerships for future commercialization opportunities. Pfizer Considers Selling Hospital Unit to Free Up Cash and Reduce Debt Show less Read more
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