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Evaxion Biotech Reports Mid-Year Financial Losses

Evaxion Biotech Reports Mid-Year Financial Losses

Evaxion Biotech (EVAX) has released an update.

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Evaxion Biotech A/S has reported a net loss for the six months ended June 30, 2024, showing a decrease in operating loss compared to the previous year. Despite some revenue generation, the company’s research and development, along with general and administrative expenses, have led to a comprehensive loss for shareholders. The report underscores the financial challenges faced by the biotech firm as it works towards its goals.

For further insights into EVAX stock, check out TipRanks’ Stock Analysis page.

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