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For 2024 argenx Expects To Spend Less Than $2B On Expenses And Under $500M In Net Cash For Operations

Author: Benzinga Newsdesk | July 25, 2024 01:13am

FINANCIAL GUIDANCE

Based on its current operating plans, argenx expects its combined research and development and selling, general and administrative expenses in 2024 to be less than $2 billion. argenx updated its cash burn guidance and now expects to utilize less than $500 million of net cash1 in 2024 on anticipated operating expenses as well as working capital and capital expenditures.

Posted In: ARGX


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