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Avigen Reports Second Quarter 2009 Financial Results
Avigen, 08/11/09
Avigen, Inc. a biopharmaceutical company, reported financial results for its second quarter ended June 2009. At June 2009, Avigen had approximately $41.6 million in financial assets, including cash, cash equivalents and available–for–sale securities and restricted investments, compared with approximately $56.8 million at December 2008 before repaying $7.0 million of outstanding bank borrowings in March 2009. More complete financial results are detailed in the financial tables below.
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