How did Moleculin Biotech's net profit improve in Q2 2024?
5/9/2025 04:21am
Moleculin Biotech's net profit in Q2 2024 was -$4.32 million. The company's net profit did not improve in Q2 2024 compared to the previous quarter, as the net profit in Q1 2024 was not provided. However, the company has made significant clinical progress and robust financial positioning, with a decrease in R&D Expense and G&A Expense compared to the same period last year. The company's net profit is likely to be influenced by its ongoing clinical trials and regulatory approvals, as well as the outcome of upcoming FDA meetings.