Poolbeg Pharma said it had made progress last year in expanding its treatments into new markets, with significant pipeline advancements and strategic deals.
The company said it had made a strategic expansion into the treatment of cancer immunotherapy-induced Cytokine Release Syndrome (CRS), which is a market that could be worth more than $10 billion (€9.4 billion).
The results for the year ended December 31st, 2023, showed the company had a cash balance of £12.2 million (€14.04 million).
Poolbeg Pharma plc (LON:POLB) is a clinical stage infectious disease pharmaceutical company, with a novel capital light clinical model which enables us to develop multiple products faster and more cost effectively than the traditional biotech model.