Anatara Lifesciences is pleased to advise a neutral cash flow for the quarter ending 31st March 2018 and an updated cash balance of $8.76 million as reported in the attached March Appendix 4C.
Anatara Chairman, Dr Mel Bridges said, "Since listing in October 2014, the Anatara team has worked diligently on delivering its key milestones, and is focused on continuing to do so. We are pleased to maintain a strong cash position and appreciate the patience of our shareholders whilst we positively move along the path to delivering shareholder value."
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About Anatara Lifesciences Ltd
Anatara Lifesciences (ASX:ANR) develops and aims to partner non-antibiotic, oral products for gastrointestinal diseases in animals and humans where there is significant unmet need and large market opportunity. In May 2018, Anatara granted an exclusive licence to the leading global animal health company, Zoetis Inc., for the worldwide development, manufacturing, distribution and marketing of its lead product Detach as a non-antibiotic approach to aid in the control of diarrhoeal disease (known as scour) in livestock and in horses. Anatara is now focused on developing its human product pipeline for gastrointestinal health applications. For more information, please visit www.anataralifesciences.com.
Anatara Lifesciences Ltd