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Atara burned cash but raised more during fourth quarter

By   /   Thursday, February 27th, 2020  /   Comments Off on Atara burned cash but raised more during fourth quarter

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Atara Biotherapeutics spent around $58.7 million on operations in the fourth quarter of 2019, for a total cash burn of $235.6 million for the full fiscal year, the company reported Feb. 27. The Thousand Oaks biotech firm raised $36.3 million during the quarter with the sale of some 2.45 million shares of stock, followed by…

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