FY22 results were in line with expectations, with cash at period end of $9.8m, giving a cash runway into mid-24. Verici continues to demonstrate strong operational and strategic progress and transitioned from a research only company to a commercial revenue-generating company in January with the launch of its first product Tutivia. Notable progress has been made in securing reimbursement, including the proposed price of $2,650/test being significantly ahead of the assumed rate of $1,500 in our mo ....

05 Jun 2023
2022 a year of progress

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2022 a year of progress
Verici Dx Plc (VRCI:LON) | 1.4 0 0.0% | Mkt Cap: 3.33m
- Published:
05 Jun 2023 -
Author:
Chris Glasper -
Pages:
3 -
FY22 results were in line with expectations, with cash at period end of $9.8m, giving a cash runway into mid-24. Verici continues to demonstrate strong operational and strategic progress and transitioned from a research only company to a commercial revenue-generating company in January with the launch of its first product Tutivia. Notable progress has been made in securing reimbursement, including the proposed price of $2,650/test being significantly ahead of the assumed rate of $1,500 in our mo ....