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RedHill Biopharma Provides H1/22 Highlights and Q3/22 Estimates

RedHill Biopharma Provides H1/22 Highlights and Q3/22 Estimates

Financial update: Q2/22: Net revenues of $18 3 million; Operating loss of $9 2 million; Cash balance1 of $43 2 million as of June 30, 2022; Restated Q1/22: Net revenues of $13 1 million; Q3/22: Net revenues estimated2 to be between $16 5 million to $18 5 million; Operating loss estimated to be in the range of $5 5 million to $7 5 million; Q3/22 cash flow from operating activities is estimated positive for U S operations, before interest payments3 -- Commercial update: Upward trajectory continues with Talic

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