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Auditor flags concerns about Transcu's financial status
Published Mon, Mar 17, 2014 · 10:00 PM
STRUGGLING biotech firm Transcu Group's independent auditor has flagged conditions that may cast "significant doubt" on the group's and company's ability to continue as going concerns.
In an "emphasis of matter" note, the company's independent auditor, Nexia TS Public Accounting Corporation, said the group's current liabilities surpassed its current assets b…
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