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ADVERTISEMENT Don't want ads? Subscribe or login now. By Neil Chatterjee, Christopher Donoho and Megan Ridley-Kaye (September 20, 2023, 1:01 PM EDT) -- The global energy landscape is experiencing a seismic shift as the world transitions toward environmentally sustainable energy sources. This transition, driven by the demand to decarbonize, is reshaping the energy industry and prompting companies to adapt and innovate....
Early 2023 has seen new and unprecedented financial challenges for clinical stage life sciences companies. The financing rounds of 2021 and 2022 are starting to run off, while at the same time the equity markets are either closed or have become extremely challenging for raising new financing. Many companies are projecting to run out of cash in the foreseeable future, with no obvious solution other than to turn back to the equity markets, and hope. But, hope is not a strategy.
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