The loss widened to $85.8 million as R&D spending ramped ahead of varegacestat's April 28, 2027 FDA decision, with the quarter missing expectations. Management says $461.6 million in cash funds operations into 2028, covering the verdict with room to spare, and updated IM-1021 Phase 1 data lands at ASH on December 14.
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Here Are Thursday’s Top Wall Street Analyst Research Calls: BP Plc., Borg Warner, Generac, Kraft-Heinz, MercadoLibre, Pfizer, Shopify, Valvoline, and More
Pre-Market Stock Futures: Futures are trading higher after a wild Wednesday that saw the market rally hard on the open on the non-farm payrolls print that blew away estimates, despite a significant…