PYC News: We're Hopeful That PYC Therapeutics (ASX:PYC) Will Use Its Cash Wisely - 8th Jun 2022, 11:37am

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Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the right price. For example, biotech and mining exploration companies often lose money for years before finding success with a new treatment or mineral discovery. Nonetheless, only a fool would ignore the risk that a loss making company burns through its cash too quickly.

So should PYC Therapeutics (ASXYC) shareholders be worried about its cash burn? For the purposes of this arti...

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