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Ryvu Therapeutics announces strategic reorganization to extend the cash runway for the development of RVU120

Paweł Przewięźlikowski, Chief Executive Officer and the largest shareholder of Ryvu said: “We remain focused on advancing our first-in-class clinical blood cancer program RVU120, as well as promising early-stage assets. Considering our cash position, revenue projections, cost structure and the demanding market environment, we decided to optimize expenses so that the company has sufficient cash runway to generate key data for RVU120 and the preclinical pipeline, expecting that our achievements over the next year will support future cash inflows.” 

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