Inventiva Estimates That Its Cash, Cash Equivalents And Deposits Will Allow The Co To Fund Its Operations As Planned Through H2 Of July 2024; Estimates That, As Of May 31, 2024, Cash And Cash Equivalents Were €9.6 Million
Financial update
Considering the Company's cost structure and forecasted expenditures, and without taking into account additional cash preservation measures that the Company may implement in the short term, the Company estimates that its cash, cash equivalents and deposits will allow the Company to fund its operations as planned through the second half of July 20242. The Company estimates that, as of May 31, 2024, the Company's cash and cash equivalents were (non-audited) €9.6 million, short-term deposits were €0.1 million3, and long-term deposits were €10.0 million4, compared with €26.9 million, €0.01 million and €9 million, respectively, as of December 31, 2023.