Replies to post #3101 on Filana Therapeutics Inc (FLNA)

[runncoach]

What is their current cash balance?

[WebSlinger]

<< Mini capital raise? Sava should be getting ready to reload the coffers again no? >>

WRONG!

In the most recent quarterly filing, SAVA reported that they will burn around $80-$90 MILLION for full-year-2022, and that they have about $175 MILLION in cash. That should last them around another 2 years.

"We had cash, cash equivalents and marketable securities of $174.7 million as of September 30, 2022, which consisted primarily of U.S. Treasury securities and money market accounts."