Brief: Polypid Provides Corporate Update And Reports First Quarter 2022 Financial Results
11/05/2022 12:11
May 11 (Reuters) - PolyPid Ltd PYPD.O :
* POLYPID PROVIDES CORPORATE UPDATE AND REPORTS FIRST
QUARTER 2022
FINANCIAL RESULTS
* POLYPID LTD - EXTENDED CASH RUNWAY INTO Q2 OF 2023 WITH
$15
MILLION NON-DILUTIVE SECURED TERM LOAN FACILITY
* POLYPID LTD - FOR THREE MONTHS ENDED MARCH 31, 2022,
COMPANY HAD
A LOSS OF $11.9 MILLION
Source text for Eikon: ID:nGNX181Xqg
Further company coverage: PYPD.O
((Reuters.Briefs@thomsonreuters.com;))
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