Companies Like Aligos Therapeutics (NASDAQ:ALGS) Could Be Quite Risky

By Yahoo! Finance | Jul 29, 2024 at 07:51 AM EST

Investing in unprofitable companies can be lucrative, but risky due to cash burn. Aligos Therapeutics had a 17-month cash runway in March 2024, with concerns about its future cash position. While it reduced cash burn slightly, growth prospects remain uncertain.

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