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Finance

Net loss reported: $0.36 per share

Published in Gene Therapy Weekly, September 19th, 2002

Avigen, Inc., (AVGN), the leader in AAV gene delivery technology, reported financial results for the 3-6 months ended June 30, 2002.

At June 30, 2002, Avigen had $133 million in current assets, primarily cash equivalents and short-term investments, down $8 million from $141 million at March 31, 2002, the end of the previous quarter.

"Avigen continues to make progress towards the commercialization of an AAV vector based gene therapy," said John Monahan, PhD, president, and CEO. "During the last quarter we reported developments on many fronts including research advances, manufacturing improvements and the strengthening of our intellectual property...

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