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Stock impact report

ASX/NASDAQ ANNOUNCEMENT Appendix 4C: Quarterly Cash Flow Report

Benitec Biopharma Inc. (BNTC) 
US:NASDAQ Investor Relations: benitec.com/for-investors/investor-faqs
Company Research Source: PR Newswire
MELBOURNE, Australia, July 31, 2019 /PRNewswire/ -- Benitec Biopharma (ASX: BLT, NADSAQ: BNTC) ("Benitec" or the "Company"), a clinical-stage biotechnology company developing novel genetic medicines via the proprietary DNA-directed RNA interference (ddRNAi) platform combining RNA interference with gene therapy, today announced its Appendix 4C for the quarter ending 31 July 2019.Highlights:Cash reserves of approximately AUD $22 million Streamlined operations through workforce reduction resulting in extended financial runway; retained staff members key to core R&D Financial runway to extend through BB-301 (OPMD) targeted clinical trialJerel A. Banks, M.D. Ph.D., Executive Chairman and Chief Executive Officer of Benitec Biopharma, commented on today's news, "With cash reserves of $22 million, the Company's current financial position is strong.  Management has taken steps to streamline operations and ensure our primary ddRNAi product candidate, BB-301, will progress to receive meaningful Show less Read more
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