Angion Provides Corporate Update and Reports First Quarter 2022 Financial Results
UNIONDALE, N.Y., May 16, 2022 (GLOBE NEWSWIRE) -- Angion Biomedica Corp (NASDAQ:ANGN), a biopharmaceutical company focused on the discovery, development, and commercialization of novel small molecule therapeutics to address fibrotic diseases, today provided a corporate update and reported its financial results for the quarter ended March 31, 2022.
- UNIONDALE, N.Y., May 16, 2022 (GLOBE NEWSWIRE) -- Angion Biomedica Corp (NASDAQ:ANGN), a biopharmaceutical company focused on the discovery, development, and commercialization of novel small molecule therapeutics to address fibrotic diseases, today provided a corporate update and reported its financial results for the quarter ended March31, 2022.
- As of March31, 2022, Angion had cash and cash equivalents totaling $73.0 million.
- Contract revenue for the quarter ended March31, 2022 was $1.6 million compared with $0.4 million in the same period in 2021.
- Angion undertakes no obligation to update any forward-looking statement in this press release, except as required by law.