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0.0243902439024391 0.0243902439024391 0.0243902439024391 0.0243902439024391 0.0216531165311654 0.0243902439024391 0.0243902439024391 0.021680216802168
Stock impact report

GENFIT Reports First Quarter 2024 Financial Information [Yahoo! Finance]

GENFIT S.A. - American Depositary Shares (GNFT) 
Company Research Source: Yahoo! Finance
biopharmaceutical company dedicated to improving the lives of patients with rare and life-threatening liver diseases, today announced its cash position as of March 31, 2024 and revenues for the first three months of 2024. Cash position As of March 31, 2024, the Company's cash and cash equivalents amounted to €74.0 million compared with €128.6 million as of March 31, 2023, and €77.8 million as of December 31, 2023. The stability in cash and cash equivalents between December 31, 2023, and March 31, 2024 takes into account changes in accounts receivables (notably the receipt of the €13.3 million milestone invoiced to Ipsen in December 2023) offset by our continued research and development efforts, notably for: UNVEIL-IT®, our Phase 2 clinical trial evaluating VS-01 in Acute-on-Chronic Liver Failure (ACLF); our cholangiocarcinoma program evaluating GNS561; our ACLF program evaluating NTZ; and our non-clinical trial of SRT-015 in ACLF. We expect that our existing cash and c Show less Read more
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