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Stock impact report

Seres Therapeutics Inc (MCRB) Q3 2024 Earnings Call Highlights: Strategic Moves and Clinical ... [Yahoo! Finance]

Seres Therapeutics, Inc. (MCRB) 
Last seres therapeutics, inc. earnings: 11/5 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.serestherapeutics.com
Company Research Source: Yahoo! Finance
Seres Therapeutics Inc ( NASDAQ:MCRB ) reported positive results from their phase one B cohort two clinical study for C 155, showing a significant reduction in bacterial bloodstream infections. The sale of VOUS to Nestle Health Science has strengthened Seres Therapeutics Inc ( NASDAQ:MCRB )'s balance sheet, providing substantial immediate and future financial resources. The company has applied for breakthrough therapy designation and qualified infectious disease product designation for C 155, which could expedite development and review processes. Seres Therapeutics Inc ( NASDAQ:MCRB ) has fully retired its debt using proceeds from the VOUS transaction, improving its financial position. The company is actively seeking a partner to maximize the potential of C 155, indicating strategic growth plans and potential for expanded market reach. Seres Therapeutics Inc ( NASDAQ:MCRB ) reported a net loss from continuing operations of $51 million for the third quarter, an increase from Show less Read more
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