Genfit (GNFT) has released an update.
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GENFIT, a biopharmaceutical company focusing on liver diseases, reported a solid financial position with €77.8 million in cash and €28.6 million in revenue for the year 2023, boosted by a milestone payment of €13.3 million. The company highlighted significant progress in its drug development, including positive Phase 3 trial results for elafibranor in PBC and the advancement of its acute-on-chronic liver failure (ACLF) program with multiple assets. GENFIT anticipates key regulatory dates and trial data in 2024, aiming to address unmet medical needs in liver disease treatment.
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