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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
2 mins to read

Pacific Edge’s cash burn continues

Further capital is required with less than nine months of cash remaining.

Cancer diagnostics company Pacific Edge reported a net loss of $17.9 million for the year ending March 31 2019.  With just $12.9m of cash or cash equivalents, at the reported rate of revenue and expenditure, the company will exhaust existing funds by the end of this year.

The company’s total

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Sanjay Prakash Wed, 29 May 2019
Contact the Writer: Sanjay@nbr.co.nz
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Pacific Edge’s cash burn continues
General Business,
79514
true