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We're Interested To See How MoonLake Immunotherapeutics (NASDAQ:MLTX) Uses Its Cash Hoard To Grow

By Yahoo! Finance   |   Aug 22, 2024 at 12:31 PM EST
We're Interested To See How MoonLake Immunotherapeutics (NASDAQ:MLTX) Uses Its Cash Hoard To Grow

Shareholders can profit from a money-losing business by investing in a promising company at a low price. MoonLake Immunotherapeutics (NASDAQ:MLTX) with a solid cash reserve of US$520m and cash burn of US$65m, indicating a healthy 8.

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