Brief: Phio Pharmaceuticals Reports First Quarter 2023 Financial Results And Provides Business Update
Phio Pharmaceuticals Corp PHIO.O :
* PHIO PHARMACEUTICALS REPORTS FIRST QUARTER 2023 FINANCIAL
RESULTS AND PROVIDES BUSINESS UPDATE
* PHIO PHARMACEUTICALS CORP - AT MARCH 31, 2023, COMPANY HAD
CASH
OF $9.0 MILLION AS COMPARED WITH $11.8 MILLION AT DECEMBER 31,
2022
* PHIO PHARMACEUTICALS CORP - EXPECTS CURRENT CASH WILL BE
SUFFICIENT TO FUND CURRENTLY PLANNED OPERATIONS INTO Q1 OF 2024
* PHIO PHARMACEUTICALS CORP - QTRLY NET LOSS INCREASED 36%
TO
APPROXIMATELY $3.6 MILLION, OR $3.15 PER SHARE
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Further company coverage: PHIO.O
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