Quarterly Activities Report and 4C

On April 28, 2022 Patrys reported that has published its Quarterly Activities Report and 4C Quarterly Cash Flow Report (Press release, Patrys, APR 28, 2022, View Source [SID1234613121]).

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Highlights for this Quarter have included:

Work on second engineering run of PAT-DX1 expected to complete in current quarter;
Stable cell line for production of PAT-DX3 established;
Receipt of R&D Tax Incentive Refund of $1.2 million.
Our balance sheet closed with a cash balance of $10.16M at 31 March 2022 and an additional $2M in short-term investments.