Brief: Rafael Holdings To Focus On Strategic Business Development Initiatives, Curtail Early Stage Development Activities

Rafael Holdings

15/11/2022 21:02

Nov 15 (Reuters) - Rafael Holdings Inc  RFL.N :
    * RAFAEL HOLDINGS TO FOCUS ON STRATEGIC BUSINESS DEVELOPMENT
INITIATIVES AND CURTAIL EARLY STAGE DEVELOPMENT ACTIVITIES
    * RAFAEL HOLDINGS INC- AS OF JULY 31, 2022, COMPANY HELD
CASH,
CASH EQUIVALENTS AND MARKETABLE SECURITIES OF $63.2 MILLION
    * RAFAEL HOLDINGS - DECISION TO CURTAIL EARLY-STAGE
DEVELOPMENT
EFFORTS, INCLUDING PRE-CLINICAL RESEARCH AT BARER INSTITUTE IN
ORDER TO REDUCE SPENDING

Source text for Eikon:  ID:nGNX1892rf 
Further company coverage:  RFL.N 
 ((Reuters.Briefs@thomsonreuters.com;))