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GlycoMimetics considers SVB exposure ‘immaterial’
The Fly

GlycoMimetics considers SVB exposure ‘immaterial’

In a regulatory filing, GlycoMimetics (GLYC) said it currently maintains an account at Silicon Valley Bank (SIVB) holding cash deposits of approximately $2M, which amount the company considers to be immaterial to its liquidity.

Published first on TheFly

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