Silence Therapeutics Reports Increased Losses

Silence Therapeutics (SLN) has released an update.

Silence Therapeutics has reported a loss after taxation of £15,562,000 for the three months ended June 30, 2024, indicating a deeper loss compared to £10,401,000 for the same period in 2023. The company’s operating loss also increased to £18,323,000, up from £11,457,000 year-over-year. Despite the losses, the balance sheet shows a significant cash and cash equivalents increase to £109,482,000, up from £54,031,000 at the end of December 2023.

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