Full details, including potential risk factors, are given in the Press Release, which can be consulted by clicking on the link below
Extension of cash runway
September 2, 2026
What is the news ?
Nicox announces an extension of its cash runway, with estimated cash and cash equivalents of €8.4 million as of 31 August 2026 sufficient to fund existing operations beyond Q1 2028.
What does it mean ?
The fixed operational costs of the Company are covered by the cash actually available for over 18 months and into 2029 or beyond with the upcoming milestone payment on approval and the future royalties.