Inventiva Reports Revenues Of €1.3 Million For The First 9-Months Of 2024

Benzinga05:16

Cash and cash equivalents at €13.9 million, as of September 30, 2024.
Revenues of €1.3 million for the first nine months of 2024.
On July 18, 2024, Inventiva issued royalty certificates for an amount of €20.1 million.
Considering the receipt of €94.1 million in gross proceeds from the closing of the first part of the first tranche of the equity raise announced on October 14, 20242 and the receipt of the $10 million milestone payment under the amended license and collaboration agreement with CTTQ on November 18, 2024, the Company estimates that its cash, cash equivalents and deposits would enable it to finance its operations until the end of the second quarter of 20253.

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