PYC News: Will PYC Therapeutics (ASX:PYC) Spend Its Cash Wisely? - 22nd Nov 2022, 1:15pm

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There's no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining exploration companies often lose money for years before finding success with a new treatment or mineral discovery. But the harsh reality is that very many loss making companies burn through all their cash and go bankrupt.

Given this risk, we thought we'd take a look at whether PYC Therapeutics (ASXYC) shareholders should be worried about its cash burn. For the purposes of this ...

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