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Stock impact report

Xenetic Biosciences, Inc. Reports Full Year 2023 Financial Results [Yahoo! Finance]

Xenetic Biosciences, Inc. (XBIO) 
NASDAQ:AMEX Investor Relations: ir.xeneticbio.com
Company Research Source: Yahoo! Finance
Ended the year with $9.0 million of cash to fund operations FRAMINGHAM, MA / ACCESSWIRE / March 22, 2024 / Xenetic Biosciences, Inc. (NASDAQ:XBIO) ("Xenetic" or the "Company"), a biopharmaceutical company focused on advancing innovative immune-oncology technologies addressing hard to treat cancers, today reported its financial results for the year ended December 31, 2023. Recent Highlights Entered into a Research Funding Agreement and a Material Transfer Agreement with the University of Virginia ("UVA") to advance the development of the DNase program. Generated growing body of encouraging preclinical data guiding the approach to a first in human trial for systemic DNase-based oncology platform. "We continued to make steady progress over the course of 2023 and are well positioned to continue on that pathway in 2024. With the encouraging preclinical data we continue to see with our DNase-based oncology platform, we are making noteworthy strides toward our first in human trial Show less Read more
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