Here's Why We're Not Too Worried About Tourmaline Bio's (NASDAQ:TRML) Cash Burn Situation

By Yahoo! Finance   |   3 weeks ago
Here's Why We're Not Too Worried About Tourmaline Bio's (NASDAQ:TRML) Cash Burn Situation

While a loss-making business like Tourmaline Bio (NASDAQ:TRML) may not see immediate stock decline, monitoring its cash burn is crucial. With $258m cash and $77m burnt in a year, it has a 3.3-year runway.

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