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Legend Biotech gains on narrower Q4 loss

ReutersMar 11, 2025 2:00 PM

Cancer therapy maker Legend Biotech's LEGN.O shares rise 5.6% to $35.96

Co posts Q4 adj. net loss of 16 cents per share, compared to a loss of 24 cents per share a year earlier

Cash and cash equivalents, and time deposits of $1.1 billion, as of December 31, 2024, which co believes will provide financial runway into Q2 2026

LEGN has fallen 46.1% in the past 12 months

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