Two take outs:
1) Approx $1.3mil in available funds remaining. - burn rate of over $1mil in the quarter. R7D rebate of $1.6mil covered the burn rate and added the extra $600k to cash totals.
If the burn rate remains the same or thereabouts, then a CR will be required by mid year.
2) I may be reading this in a different way, but it does appear that the COVID prelim report hasbeen received but not announced. I say that in that the wording is the same for the HIV update.
Continued detailed post-clinical phase activities and analyses of the BIT225-011 Phase 2 clinical trial of BIT225.
Continued detailed post-clinical phase activities and analyses of the BIT225-012 Phase 2 clinical trial of BIT225 for treatment of adults with COVID-19.
Two take outs:1) Approx $1.3mil in available funds remaining. -...
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