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Arecor Therapeutics shares tank on funding update

By Benjamin Chiou

Date: Monday 10 Jun 2024

(Sharecast News) - The share price of AIM-listed Arecor Therapeutics dropped by almost a third on Monday after the biopharma firm warned that its working capital requirements had "accelerated" while full-year revenues remain highly uncertain.
The company, which stated earlier in the year that it needed additional funding, said that the...

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