Aug 17 (Reuters) - ExpreS2ion Biotech Holding AB
EXPRS2.ST :
* EXPRES2ION EVALUATES STRATEGIC OPTIONS FOR ITS BREAST
CANCER
VACCINE CANDIDATE
* INITIATES A COST REDUCTION PROGRAM
* OUR NEAR-TERM CASH POSITION ENABLES US TO MAINTAIN CURRENT
ACTIVITY LEVEL INTO 2024
* CURRENT FINANCIAL OUTLOOK MAKES IT UNLIKELY TO RAISE CASH
REQUIRED TO COMMIT TO COSTS ASSOCIATED WITH A PHASE I CLINICAL
STUDY
* DECISION HAS BEEN MADE TO PAUSE PROGRAM AND FOCUS ON
IDENTIFYING
NEW WAYS TO BRING ASSET FORWARD
* WILL INITIATE A REVIEW OF EXPRES(2)ION'S STRATEGY,
PIPELINE AND
ORGANIZATION
Source text for Eikon: ID:nWkr3NLxLG
Further company coverage: EXPRS2.ST
(Gdansk Newsroom)
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