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Stock impact report

Arbutus Biopharma Corp (ABUS) Reports Year-End Financial Results and Progress in Clinical Trials [Yahoo! Finance]

Arbutus Biopharma Corporation (ABUS) 
Last arbutus biopharma corporation earnings: 11/6 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: investor.arbutusbio.com/node/5806
Company Research Source: Yahoo! Finance
Operating Expenses : Research and development expenses decreased to $73.7 million in 2023 from $84.4 million in 2022. Net Loss : The company reported a net loss of $72.8 million, or $0.44 per share, compared to a net loss of $69.5 million, or $0.46 per share in 2022. Cash Position : Arbutus ended the year with $132.3 million in cash, cash equivalents, and investments, projecting a cash runway into Q1 2026. Clinical Trials : Progress in ongoing Phase 2a clinical trials with imdusiran and Phase 1a/1b trial with AB-101, with key data expected in 2024. Warning! GuruFocus has detected 6 Warning Signs with ABUS. On February 29, 2024, Arbutus Biopharma Corp ( NASDAQ:ABUS ) released its 8-K filing , detailing the financial results for the fourth quarter and year end of 2023, along with updates on its clinical development programs. Arbutus, a biopharmaceutical company focused on developing a functional cure for chronic hepatitis B virus (cHBV) infection, anticipates a productive 202 Show less Read more
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