NanoViricides, Inc. Files Quarterly Report - Reports A Strong Cash Position Sufficient For Clinical Trials Of Its First Drug Candidate

free biotech news Get the latest biotech news where you want it. Sign up for the free GenePool newsletter today!

WEST HAVEN, Conn.--(BUSINESS WIRE)--NanoViricides, Inc. (NYSE MKT:NNVC) (the “Company”), has filed its quarterly report with the Securities and Exchange Commission on Thursday, November 15th, in a timely fashion. The submission can be downloaded from the SEC website at http://www.sec.gov/Archives/edgar/data/1379006/000114420413061915/v360486_10q.htm.

The Company reported that it had approximately $22.0M in current assets (cash, cash equivalents, collateral advance, and prepaid expenses) as of September 30, 2013, the end of the reporting quarter. The shareholder equity stood at approximately $11.75M. In comparison, the Company had approximately $15.5M in current assets plus collateral advances, and approximately $8M in shareholder equity as of June 30, 2013, the end of its financial year.

Help employers find you! Check out all the jobs and post your resume.

MORE ON THIS TOPIC