BRIEF-Vincerx Pharma To Implement Cost-Controls To Support Advancing Phase 1 Study Of VIP943

Reuters
04 Dec 2024
BRIEF-Vincerx Pharma To Implement Cost-Controls To Support Advancing Phase 1 Study Of VIP943

Dec 4 (Reuters) - Vincerx Pharma VINC.O:

  • VINCERX PHARMA TO IMPLEMENT COST-CONTROLS TO SUPPORT ADVANCING PHASE 1 STUDY OF VIP943

  • VINCERX PHARMA INC: WILL BEGIN EXPLORING STRATEGIC ALTERNATIVES TO COMPLEMENT ONGOING FUNDRAISING EFFORTS

  • VINCERX PHARMA INC: AS OF OCTOBER 31, 2024, COMPANY HAD APPROXIMATELY $8.4 MILLION IN CASH, CASH EQUIVALENTS, AND MARKETABLE SECURITIES

  • VINCERX PHARMA INC: TO STREAMLINE OPERATIONS AND FOCUS RESOURCES, VINCERX WILL IMPLEMENT A SIGNIFICANT REDUCTION IN FORCE OF APPROXIMATELY 55%

Source text: ID:nGNX476253

Further company coverage: VINC.O

((Reuters.Briefs@thomsonreuters.com;))

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