Operations: The company generates revenue from its Pharmaceuticals segment, amounting to $13.17 million.

Market Cap: $159.51M

Generation Bio Co., with a market cap of US$159.51 million, is focused on developing non-viral genetic medicines. Despite being unprofitable and not expected to achieve profitability soon, it maintains strong financial health with short-term assets exceeding both short and long-term liabilities, and no debt burden. The company has a cash runway for 2.8 years if free cash flow continues to decrease at historical rates. Recent developments include promising data from its collaboration with Moderna on ctLNP and iqDNA platforms, which were presented at the ESGCT Congress, highlighting potential advancements in gene therapy delivery methods.

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OraSure Technologies

Simply Wall St Financial Health Rating: ★★★★★★

Overview: OraSure Technologies, Inc. operates in the healthcare sector by offering point-of-care and home diagnostic tests, specimen collection devices, and microbiome laboratory services globally, with a market cap of approximately $317.66 million.

Operations: The company's revenue is primarily derived from its Diagnostics and Molecular Solutions segment, which generated $273.54 million.

Market Cap: $317.66M

OraSure Technologies, Inc., with a market cap of US$317.66 million, operates in the healthcare sector offering diagnostic solutions. Despite recent revenue declines to US$54.34 million in Q2 2024 from US$85.44 million a year ago, the company remains debt-free with short-term assets exceeding liabilities significantly. Its net profit margin has improved slightly over the past year despite large one-off losses impacting financial results. Recent strategic moves include board expansion and filing for a $12.66 million shelf registration, indicating potential capital raising activities which could support future growth initiatives amidst challenging earnings forecasts.

• Take a closer look at OraSure Technologies' potential here in our financial health report.

• Explore OraSure Technologies' analyst forecasts in our growth report.

Summing It All Up

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include NasdaqGS:CDXS NasdaqGS:GBIO and NasdaqGS:OSUR.

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