Brief: Pulmatrix Reports First Quarter 2021 Financial Results And Provides Business Update

Pulmatrix

11/05/2021 21:51

May 11 (Reuters) - Pulmatrix Inc  PULM.O :
    * PULMATRIX REPORTS FIRST QUARTER 2021 FINANCIAL RESULTS AND
PROVIDES BUSINESS UPDATE
    * Q1 REVENUE $1.4 MILLION
    * CASH RUNWAY EXTENDS BEYOND ANTICIPATED PUR1800 PH1B AND
PUR3100
PH1/PH2 DATA MILESTONES
    * SEEKS REAFFIRMATION OF 50/50 PARTNERSHIP FROM CIPLA
TECHNOLOGIES
    * PULMATRIX - ON MAY 10, SENT LETTER TO CIPLA TECHNOLOGIES
LLC
NOTIFYING IT IS IN MATERIAL BREACH OF AGREEMENT DATED APRIL 15,
2019
    * CO INTENDS TO ADVANCE PULMAZOLE CLINICALLY TO PH2B
    * QTRLY LOSS PER SHARE 9 CENTS

Source text for Eikon:  ID:nPnbCFXTca 
Further company coverage:  PULM.O 

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