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Vectus Biosystems Advances Clinical Trials and Secures Strong Cash Position
10:58am on Friday 31st of January, 2025 AEDT
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Biotechnology
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Vectus Biosystems Advances Clinical Trials and Secures Strong Cash Position
10:58am on Friday 31st of January, 2025 AEDT
Key Points
Completed Phase Ia/Ib clinical trials for VB0004 with no significant adverse events
Cash on hand increased to $810,000 after receiving a $977,000 R&D tax refund
Operating costs significantly reduced to extend cash runway
Ongoing licensing and partnership discussions led by C14 Consulting Group
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Vectus Biosystems (ASX:VBS)
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