EQS-News: This Biotech Company is Pursuing Positive Cash Flow In 2023
Biotech company Agile Therapeutics Inc. (NASDAQ: AGRX) began selling its contraceptive patch in 2021, and the company is pursuing positive cash flow by the end of 2023.
- Biotech company Agile Therapeutics Inc. (NASDAQ: AGRX) began selling its contraceptive patch in 2021, and the company is pursuing positive cash flow by the end of 2023.
- About 80% choose to adhere it to their buttocks or lower abdomen, according to the company.
- Agile has also expressed a desire to acquire or license another commercial women’s health product, which could potentially accelerate the timeline to generating positive cash flow.
- “Our job now is to continue growing Twirla, achieve positive cash flow, and deliver shareholder value.”
Agile Therapeutics is a women's healthcare company dedicated to fulfilling the unmet health needs of today’s women.