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Rhythm Biosciences Cuts Losses 44% Amid New Subsidiary Launch

4:23am on Saturday 30th of August, 2025 AEST Healthcare
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Rhythm Biosciences Cuts Losses 44% Amid New Subsidiary Launch

4:23am on Saturday 30th of August, 2025 AEST
Key Points
  • 44% reduction in net loss to $3.83 million
  • Other income nearly doubles, up 91% to $3.33 million
  • Net tangible assets per share decline to negative 0.10 cents
  • Incorporation of new subsidiary RHY GeneType Pty Ltd in December 2024
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