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Allakos says restructuring extends cash runway into mid-2026
The Fly

Allakos says restructuring extends cash runway into mid-2026

The Company expects that the restructuring activities will extend the cash runway into mid-2026. The Company ended the fourth quarter of 2023 with approximately $170.8M in cash, cash equivalents and investments. The Company’s outlook for 2024 cash, cash equivalents and investments is as follows: Cash, cash equivalents and investments at year end 2023 is $171M

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