Patrys has published its Quarterly Activities Report and 4C Quarterly Cash Flow Report.
Highlights for this Quarter have included:
- Work on second engineering run of PAT-DX1 expected to complete in current quarter;
- Stable cell line for production of PAT-DX3 established;
- Receipt of R&D Tax Incentive Refund of $1.2 million.
Our balance sheet closed with a cash balance of $10.16M at 31 March 2022 and an additional $2M in short-term investments.