We're Hopeful That BRAIN Biotech (ETR:BNN) Will Use Its Cash Wisely

By Yahoo! Finance   |   1 year ago
We're Hopeful That BRAIN Biotech (ETR:BNN) Will Use Its Cash Wisely

Investing in unprofitable companies like Amazon can be profitable in the long run. Analyzing BRAIN Biotech's cash burn rate, with €13m in cash and €5.0m burnt in a year, the company has a cash runway of 2.6 years.

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