Brief: Novan Reports First Quarter 2023 Financial Results And Provides Corporate Update

NVN Liquidation

15/05/2023 11:49

May 15 (Reuters) - Novan Inc  NOVN.O :
    * NOVAN REPORTS FIRST QUARTER 2023 FINANCIAL RESULTS AND
PROVIDES
CORPORATE UPDATE
    * NOVAN INC - QTRLY LOSS PER SHARE $0.54
    * NOVAN - AS OF MARCH 31, HAD A TOTAL CASH AND CASH
EQUIVALENTS
BALANCE OF $12.5 MILLION
    * NOVAN INC - QTRLY NET PRODUCT REVENUES $2,411,000 VERSUS
$718,000
    * NOVAN-BELIEVES EXISTING CASH, CASH EQUIVALENTS BALANCE AS
OF
MARCH 31 WILL PROVIDE IT WITH LIQUIDITY TO FUND PLANNED
OPERATING NEEDS INTO LATE Q2 2023

Source text for Eikon:  ID:nGNX1NnyPd 
Further company coverage:  NOVN.O