BOSTON & PERTH, Australia--(BUSINESS WIRE)--pSivida Limited (NASDAQ:PSDV)(ASX:PSD)(Xetra:PSI) announced that it has released its cash flow statement for the quarter ended June 30, 2007. Cash Flow The cash balance at June 30, 2007 was US$2.7m (A$3.1m), a decrease of US$3.3m (A$4.3m) from the balance at March 31, 2007. During the quarter, net cash outflows from financing activities were US$685k ($A817k) as a result of convertible note redemptions partially offset by the net proceeds from equity financings. Net cash inflows from investing activities were US$1.5m ($A1.9m) resulting from the sale of a subsidiary (AION) and net cash used in operating activities was US$4.4m ($A1.9m).
