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Universal Biosensors Narrows Cash Burn, Eyes Funding to Fuel Growth
2:22pm on Thursday 24th of July, 2025 AEST
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Healthcare
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Universal Biosensors Narrows Cash Burn, Eyes Funding to Fuel Growth
2:22pm on Thursday 24th of July, 2025 AEST
Key Points
Operating cash outflows improved by $1.59 million compared to Q1 2025
Cash and equivalents stood at $2.55 million at quarter-end
Continued commercialization of patented electrochemical cell technology
Negative net operating cash flow with approximately 1.2 quarters of funding runway
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Universal Biosensors (ASX:UBI)
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