Quarterly Cashflow and Activity Report
(WorldNews Business)

Quarterly Cashflow and Activity Report Melbourne, Australia; 7 April 2020: Starpharma (ASX: SPL, OTCQX: SPHRY) today released its Appendix 4C - Quarterly Cashflow Report for the period ended 31 March 2020. Starpharma`s cash balance as at 31 March 2020 was $36.1 million, an increase of $0.2 million compared to the previous quarter`s cash balance. Net operating cash outflows for the quarter were $0.9 million, or $6.0 million for the nine months to 31 March 2020. Starpharma`s strong cash reserves and clean balance sheet places the Company in a strong position to continue to progress its commercial and R&D activities in the current uncertain global environment of the COVID-19 pandemic....