Is Passage Bio (NASDAQ:PASG) In A Good Position To Invest In Growth?

Is Passage Bio (NASDAQ:PASG) In A Good Position To Invest In Growth?

Although some unprofitable businesses like Salesforce.com have seen success, others like Pets.com have failed. Passage Bio shareholders may be concerned about its cash burn, with 17 months of cash runway as of March 2024.

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