HemoGenyx Pharmaceuticals Plc (GB:HEMO) has released an update.
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Hemogenyx Pharmaceuticals is reorganizing its share structure to attract more institutional investors by increasing the perceived value of its shares. The capital reorganization involves a subdivision and consolidation of shares, aimed at supporting the company’s funding needs for advancing clinical trials of its HEMO-CAR-T therapy. This move is crucial for the company to secure sufficient funding and maintain operational capabilities.
For further insights into GB:HEMO stock, check out TipRanks’ Stock Analysis page.
