CLINUVEL Provided Quarterly Update, Continues to Expand SCENESSE® Supply

  • Aug 02, 2020 AEST
  • Team Kalkine

 

On 31 July 2020 CLINUVEL Pharmaceutical Limited (ASX:CUV) reported its 4Q FY20 update.

In the fourth quarter of FY20, cash flow remained positive, and CLINUVEL has A$66.747 million cash at hand rise of A$4.42 million.

During this quarter, CLINUVEL recorded cash receipts of A$10.4 million. Despite the ongoing COVID-19 pandemic, CLINUVEL has extended access to SCENESSE® during FY20.

Cash and equivalents of the company rose by 7% over the quarter.

Subsequent to SCENESSE® approval in Europe and the US, CLINUVEL is pursuing approvals for EPP in other regions, and the decision is anticipated from the TGA by the end of CY20.

 

 

 


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