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Argenica Therapeutics Cuts Losses by 16% Amid Rising R&D Income
6:17pm on Tuesday 11th of February, 2025 AEDT
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Biotechnology
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Argenica Therapeutics Cuts Losses by 16% Amid Rising R&D Income
6:17pm on Tuesday 11th of February, 2025 AEDT
Key Points
Loss after tax decreased 16% to $1.19 million for H1 FY2025
Other income rose 29%, driven by increased R&D tax incentive rebates
Research and development expenses slightly increased to $2.92 million
Net operating cash outflows stable at around $1.18 million
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Argenica Therapeutics (ASX:AGN)
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