NasdaqGM:GPCRPharmaceuticals
Structure Therapeutics (GPCR) Falls Deeper into Losses and Seeks $250M—Is Its Funding Model Sustainable?
Structure Therapeutics Inc. recently reported a second-quarter net loss of US$61.66 million, widening from US$26.03 million a year ago, and for the six-month period, the net loss also increased to US$108.49 million from US$52.07 million in the previous year.
Following these results, the company filed for a US$250 million follow-on equity offering and a shelf registration allowing future issuance of various securities including American Depositary Shares, preferred shares, debt securities,...