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Stock impact report

Immunic Inc (IMUX) Reports Year-End 2023 Financial Results [Yahoo! Finance]

Immunic, Inc. (IMUX) 
Company Research Source: Yahoo! Finance
Clinical Developments : Positive interim analysis from Phase 2 CALLIPER trial of vidofludimus calcium in progressive multiple sclerosis. Patent Portfolio Expansion : New patents granted, extending exclusivity protection into 2041 in the U.S. Research and Development Expenses : Increased to $83.2 million in 2023 from $71.3 million in 2022. Net Loss : Reported a net loss of $93.6 million in 2023, an improvement from a net loss of $120.4 million in 2022. Cash and Cash Equivalents : Decreased to $46.7 million at the end of 2023 from $106.7 million at the end of 2022. Warning! GuruFocus has detected 2 Warning Signs with IMUX. On February 22, 2024, Immunic Inc ( NASDAQ:IMUX ) released its 8-K filing , announcing the financial results for the fourth quarter and year ended December 31, 2023, along with a corporate update. The clinical-stage biopharmaceutical company, which focuses on developing oral immunology therapies for chronic inflammatory and autoimmune diseases, reported a Show less Read more
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