Welcome to our dedicated page for Reneo Pharmaceuticals news (Ticker: $RPHM), a resource for investors and traders seeking the latest updates and insights on Reneo Pharmaceuticals stock.
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Reneo Pharmaceuticals, Inc. (Nasdaq: RPHM) reported its first quarter 2024 financial results, highlighting a net loss of $8.4 million, with $82.8 million in cash. The Company suspended mavodelpar development activities, leading to workforce reductions and cost-saving initiatives. Research and development expenses decreased due to these activities.
