Summary by Moomoo AI
Legend Biotechnology Co., Ltd. (“Legendary Biotech”), a non-wholly owned subsidiary of Kingsway Biotechnology Co., Ltd. (“Kingsley Biotechnology”), announced on March 11, 2024 its unaudited financial results for the fourth quarter and full year ended December 31, 2023. Legendary Bio is listed on the U.S. Nasdaq Global Select Market and filed Form 6-K with the U.S. Securities and Exchange Commission. Legendary Bio's net trade sales for the fourth quarter of 2023 were approximately $1.59 million, compared with approximately $5 million for the full year. The company also updated its candidate drug pipeline and received an upfront payment of $1 million from Novara Pharmaceuticals. As of the end of 2023, Legendary Creatures has approximately $13 billion in cash and cash equivalents, deposits and short-term investments, which is...Show More