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Immunotech Biopharm Reduces Losses, Advances R&D

Immunotech Biopharm Reduces Losses, Advances R&D

Immunotech Biopharm Ltd (HK:6978) has released an update.

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Immunotech Biopharm Ltd has announced a reduction in its loss before tax by 22% for the first half of 2024 compared to the same period in 2023, despite an increase in research and development expenses. The company, a leader in cellular immunotherapy in China, highlighted its core product EAL’s long-standing clinical application in cancer treatment. Overall, the firm experienced a significant dip in net assets, and its loss per share has decreased from the previous year.

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