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InhalerX Secures $38.5M Funding Facility but Posts Negative Cash Flow

7:03pm on Monday 2nd of June, 2025 AEST Healthcare
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InhalerX Secures $38.5M Funding Facility but Posts Negative Cash Flow

7:03pm on Monday 2nd of June, 2025 AEST
Key Points
  • Negative operating cash flow of $97,000 for the quarter
  • Secured $38.5 million funding facility from Clendon Biotech Capital
  • No drawdowns made on the new funding facility as of December 31, 2024
  • Cash and cash equivalents stood at $194,000 at quarter-end
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