Anixa Biosciences (NASDAQ:ANIX) Is In A Good Position To Deliver On Growth Plans

By Yahoo! Finance   |   22 hours ago
Anixa Biosciences (NASDAQ:ANIX) Is In A Good Position To Deliver On Growth Plans

Investors can profit from owning shares in unprofitable companies like Salesforce.com. However, they should be cautious as many such companies can exhaust their cash reserves and fail. An analysis of Anixa Biosciences' cash burn rate and cash reserves suggests potential need for raising more funds in the future.

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