Cash and cash equivalents as well as other financial assets total $549.2M as of September 30, 2024, compared to $476.8M as of December 31, 2023. The increase is mainly due to the public offering in January 2024, partly offset by ongoing research and development activities. Following the $150M public offering in October 2024, the Company now projects a cash runway into the second half of 2027.
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