NEU neuren pharmaceuticals limited

Ann: Q1 2024 quarterly activity and cash flow report, page-3

  1. 2,506 Posts.
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    How good is producing free cash flow when running multiple trials? Just our interest income from our stack of cash covers about 50% of the R&D spend!

    Note: Our interest covers double our staff cost. So many other ASX health or biotech's have much higher costs, but constantly burn through 10's of millions a quarter with no revenue in sight!
    Last edited by htae39: 24/04/24
 
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