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We Think Nuvation Bio (NYSE:NUVB) Can Easily Afford To Drive Business Growth

By Yahoo! Finance   |   Jul 12, 2024 at 05:09 PM EST
We Think Nuvation Bio (NYSE:NUVB) Can Easily Afford To Drive Business Growth

Investing in unprofitable businesses like biotech and mining exploration can be lucrative, but many companies end up bankrupt due to cash burn. Nuvation Bio (NYSE:NUVB) has a cash runway of 9.3 years, reducing cash burn by 29% last year.

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