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Modalis Therapeutics Reports Reduced Losses Due to Lower R&D Expenses

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Modalis Therapeutics Reports Reduced Losses Due to Lower R&D Expenses

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Modalis Therapeutics Corporation ( (JP:4883) ) has provided an announcement.

Modalis Therapeutics Corporation reported a significant reduction in losses for the fiscal year ending December 31, 2024, compared to the previous year. The improvement in financial results is attributed to a decrease in research and development expenses, indicating a shift in the company’s cost management strategies.

More about Modalis Therapeutics Corporation

Modalis Therapeutics Corporation is a company listed on the Tokyo Stock Exchange, primarily involved in the biotechnology industry. It focuses on developing therapeutics, leveraging innovations in genetic modulation to address unmet medical needs.

YTD Price Performance: -2.94%

Average Trading Volume: 8,379,093

Technical Sentiment Consensus Rating: Buy

Current Market Cap: Yen7.2B

See more insights into 4883 stock on TipRanks’ Stock Analysis page.

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