Brief: Nanexa Intends To Implement Cost Savings

Nanexa AB

20/12/2023 07:05

Dec 20 (Reuters) - Nanexa AB  NANEXA.ST :
    * NANEXA OPTIMIZES BUSINESS OPERATIONS THROUGH TACTICAL
PRIORITIES
    * BOARD HAS DECIDED TO FOCUS BUSINESS ON THREE KEY AREAS
    * HAS CHOSEN TO FOCUS ON PROJECTS WITH LOWER RISK AND HIGHER
REVENUE POTENTIAL IN SHORT TO MEDIUM TERM
    * IN PARALLEL, NANEXA INTENDS TO IMPLEMENT SIGNIFICANT COST
SAVINGS WITH AMBITION THAT EXISTING FUNDS WILL LAST UNTIL FIRST
HALF OF 2025.
    * STILL SEES GREAT VALUE POTENTIAL IN ONCOLOGY PROJECTS
NEX-18 AND
NEX-20

Source text for Eikon:  ID:nMFN6HWSSL 
Further company coverage:  NANEXA.ST 

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