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Sep 30, 2020
Y-mAbs Q3 2020 Earnings Report
Y-mAbs reported financial results for the third quarter 2020.
Key Takeaways
Y-mAbs reported a net loss of $32.8 million, or ($0.82) per basic and diluted share, for the three months ended September 30, 2020, compared to a net loss of $23.9 million for the three months ended September 30, 2019.
Net loss of $32.8 million, or ($0.82) per basic and diluted share.
Research and development expenses were $21.0 million.
General and administrative expenses were $11.6 million.
The Company had approximately $131.3 million in cash and cash equivalents as of September 30, 2020
Y-mAbs
Y-mAbs
Forward Guidance
Statements in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements” within the meaning of The Private Securities Litigation Reform Act of 1995.