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GENFIT Reports Q1 2025 Financial Results, Raises Cash Position to $129.5M
ByAinvest
Thursday, May 22, 2025 4:12 pm ET1min read
GENFIT reported Q1 2025 revenue of €2.8m, up from €1.1m in Q1 2024, driven by royalties from Ipsen on Iqirvo sales. The company's cash position increased to €129.5m at the end of March 2025, largely due to a royalty financing agreement with HCRx, which extended GENFIT's cash runway beyond 2027.
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