Modalis Therapeutics Reports Loss Due to Electronic Fraud Incident

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The latest announcement is out from Modalis Therapeutics Corporation ( (JP:4883) ).

Modalis Therapeutics Corporation announced a special loss due to an electronic fraud incident at its U.S. subsidiary, resulting in a net loss of 90,000 USD. The company has taken steps to prevent future occurrences, including enhancing security measures and strengthening payment processes, while assuring stakeholders of their commitment to risk management.

More about Modalis Therapeutics Corporation

Modalis Therapeutics Corporation is a pioneering company listed on the Tokyo Stock Exchange, focusing on developing innovative treatments for rare genetic diseases using its proprietary CRISPR-GNDM epigenome editing technology.

YTD Price Performance: 0.0%

Average Trading Volume: 15,110,181

Technical Sentiment Consensus Rating: Buy

Current Market Cap: Yen7.08B

See more insights into 4883 stock on TipRanks’ Stock Analysis page.

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