BRIEF-Prothena announces corporate restructuring

Reuters

06-19

BRIEF-Prothena announces corporate restructuring

June 18 (Reuters) - Prothena Corporation PLC PRTA.O:

PROTHENA ANNOUNCES CORPORATE RESTRUCTURING
PROTHENA CORPORATION PLC - ANNOUNCES 63% WORKFORCE REDUCTION
PROTHENA CORPORATION PLC - MAY RECEIVE UP TO $105 MILLION IN 2026
PROTHENA CORPORATION PLC - EXPECTS TO END 2025 WITH $298 MILLION IN CASH
PROTHENA: EXPECTS DISCONTINUATION OF BIRTAMIMAB DEVELOPMENT WILL RESULT IN APPROXIMATE DECREASE OF $96 MILLION (MIDPOINT) IN ANNUALIZED NET CASH BURN

Source text: ID:nBwbvgW0ra

Further company coverage: PRTA.O

((Reuters.Briefs@thomsonreuters.com;))

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