Brief: Baudax Bio Says Substantial Doubt Exists About Ability To Continue As A Going Concern For Next Twelve Months

Baudax Bio

13/12/2023 11:19

Dec 13 (Reuters) - Baudax Bio Inc  BXRX.PK :
    * BAUDAX BIO INC - SUBSTANTIAL DOUBT EXISTS ABOUT OUR
ABILITY TO
CONTINUE AS A GOING CONCERN FOR THE NEXT TWELVE MONTHS
    * BAUDAX BIO INC - CAPITAL RESOURCES ARE NOT SUFFICIENT TO
SUPPORT
OUR PLANNED OPERATIONS FOR THE NEXT TWELVE MONTHS FROM THE DATE
HEREOF
    * BAUDAX BIO INC - EXPECT TO INCUR LOSSES FOR FORESEEABLE
FUTURE
AS WE CONTINUE OUR EFFORTS TO DEVELOP OUR CURRENT AND FUTURE
PRODUCT CANDIDATES

Source text for Eikon: [ID: https://bit.ly/48gi2Ey]
Further company coverage:  BXRX.PK 

 ((Reuters.Briefs@thomsonreuters.com;))