RE: Avacta Corporate Governance9 Jun 2025 15:48
29 Feb 2024 Placing RNS.
"Critically, this financing provides Avacta with 24 months of cash runway to focus on advancing AVA6000 through the clinic, as well as progressing other assets earlier in the development cycle to hit key commercial milestones."
"24 months of cash runway" They sold the diagnostics for Β£12.9 million and still are going to run out of cash before Feb 2026.
Be Careful...!