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Singapore Institute Forms Strategic Review Amid Financial Struggles

Singapore Institute of Advanced Medicine Holdings Ltd. (SG:9G2) has released an update.

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Singapore Institute of Advanced Medicine Holdings Ltd. is facing financial challenges due to slower-than-expected growth in their proton beam therapy business and higher expenses. In response, the company has formed a Strategic Review Committee to explore initiatives for improving operations and addressing funding needs. Shareholders will be updated on material developments by February 2025.

For further insights into SG:9G2 stock, check out TipRanks’ Stock Analysis page.

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