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Companies Like Generation Bio (NASDAQ:GBIO) Are In A Position To Invest In Growth

By Yahoo! Finance   |   Aug 3, 2024 at 09:13 AM EST
Companies Like Generation Bio (NASDAQ:GBIO) Are In A Position To Invest In Growth

Investors are often attracted to unprofitable companies that show potential for growth. Generation Bio, despite its cash burn rate, had a 3.4-year cash runway as of March 2024 with $219m in cash and reduced its cash burn by 36%.

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