GeneTether Therapeutics, Inc. (TSE:GTTX) has released an update.
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GeneTether Therapeutics Inc. has announced its third-quarter financial results and a strategic move to license the STS-201 drug development program, which could unlock significant value for shareholders. The company’s financials reveal a stable cash position with a minor quarterly loss, while it plans a private placement to support the new drug initiative. Both the licensing and private placement are pending shareholder approval at an upcoming meeting.
For further insights into TSE:GTTX stock, check out TipRanks’ Stock Analysis page.
