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clock Created with Sketch. 31/08/22
10:32
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Originally posted by MPolo:
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Clinuvel are very cautious regarding their finances. They have spent 55 million over the past two years of their committed 175 million spend by end of June 2025. That looks like a planned spend of 35 million in FY23, 40 million in FY24 and 45 million in FY25 or something closely resembling that (see page 50 of their Annual Report). They have 121 million in the bank and a forward commitment to spend 120 million over the next three years.
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Great post @MPolo spot on, and from todays webinar comments they have independent report results stating they are only 2/3% of EPP patients in the USA so much potential profit and cash flows.
(20min delay)