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iBio Inc. reported Q1 revenue of $100,000, exceeding the consensus estimate of $25,000. The company is advancing its novel therapy, IBIO-610, which shows potential for infrequent dosing, enhancing patient adherence. However, iBio faces financial challenges with significant negative margins and a distressed Altman Z-Score. The company must address these challenges to ensure long-term viability and investor confidence.

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