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.