Pharmalundensis AbNGM: PHAL

PHAL: Net loss narrowed, Phal-501 advanced, and major rights issue to fund clinical trials in 2025

· Issued by PharmaLundensis AB

PharmaLundensis reported no revenue and a reduced net loss for 2024, advanced its Phal-501 drug candidate with positive patent and animal test results, and is pursuing a major rights issue to fund clinical trials and capitalize on Cleantech opportunities.

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