Next Science Limited (ASX:NXS) (Next Science) today announces its Quarterly Activity Report and Appendix 4C Quarterly Cash Flow Report for the period 1 July 2021 to 30 September 2021 (Q3). In accordance with ASX Listing Rule 4.7C, set out below is Next Science’s activity report for Q3.
Activity Summary:
• Q3 revenue US$2.2M, 29% increase over Q2
• XPERIENCE VAC approvals gathering pace. 100 surgeons in 50 Hospitals now using XPERIENCE
• 510 (k) approval of Torrent X Wound Wash. Launch in Q1 2022 with Triad Life Sciences as TridentX Wound Wash
• Distribution agreement executed for BlastX in Taiwan, regulatory submissions underway
• Ongoing direct sales force expansion in a hybrid account management model
• Cash in the Bank US$9.8M
• Payments to Directors US$177K
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