Negative EquityNegative equity suggests that LadRx is facing financial distress, which could hinder its ability to invest in R&D and commercialize its drug candidates effectively.
Lack Of RevenueThe absence of revenue generation highlights the challenge LadRx faces in commercializing its projects, which is critical for sustaining operations and achieving profitability.
Board Member ResignationThe resignation of a board member can signal potential governance issues or strategic disagreements, impacting investor confidence and long-term strategic direction.