Vaccitech Reports First Quarter 2022 Financial Results and Recent Corporate Developments
OXFORD, United Kingdom, May 11, 2022 (GLOBE NEWSWIRE) -- Vaccitech plc (NASDAQ: VACC) today announced its financial results for the first quarter ended March 31, 2022, and provided an overview of the Companys recent corporate developments.
- OXFORD, United Kingdom, May 11, 2022 (GLOBE NEWSWIRE) -- Vaccitech plc (NASDAQ: VACC) today announced its financial results for the first quarter ended March 31, 2022, and provided an overview of the Companys recent corporate developments.
- On April 6, 2022, the Company announced the notification of the commencement of royalty payments relating to commercial sales of Vaxzevria.
- The Companys share of milestone and royalty payments received by OUI from AstraZeneca in the first quarter of 2022 amounted to $15.0 million.
- First Quarter 2022 Financial Highlights:
Cash position: As of March 31, 2022, cash and cash equivalents were $200.6 million, compared to $214.1 million as of December 31, 2021.