Affimed Faces Growing Losses Amid Financial Struggles
Company Announcements

Affimed Faces Growing Losses Amid Financial Struggles

Affimed (AFMD) has released an update.

Affimed N.V. reported increased losses for the third quarter of 2024, with a comprehensive loss of €15.1 million compared to €24.4 million in the same period in 2023. The company’s assets have significantly decreased, impacting its financial standing, while research and development expenses remain high. Investors should closely watch how Affimed navigates these financial challenges.

For further insights into AFMD stock, check out TipRanks’ Stock Analysis page.

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