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WILLOW BIOSCIENCES REPORTS FIRST QUARTER 2023 RESULTS

WILLOW BIOSCIENCES REPORTS FIRST QUARTER 2023 RESULTS Canada NewsWire Starts ...

articleAtlas Energy Corp.May 11, 20235/company/atlas-energy-corp/news/willow-biosciences-reports-first-quarter-2023-results
WILLOW BIOSCIENCES REPORTS FIRST QUARTER 2023 RESULTS

About this update from Atlas Energy Corp.

[{"type":"text","content":"\n \n \n \n WILLOW BIOSCIENCES REPORTS FIRST QUARTER 2023 RESULTS\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n Starts off year with significant commercial momentum toward focus on delivering robust year-over-year revenue growth for 2023\n \n \n \n \n Previous steps taken to further optimize Willow's business, focus on near-term revenue generation and reduce cash burn are paying off\n \n \n \n \n \n MOUNTAIN VIEW, Calif.\n \n \n ,\n \n \n May 11, 2023\n \n \n /CNW/ - Willow Biosciences Inc. (\"\n \n Willow\n \n \" or the \"\n \n Company\n \n \") (TSX: WLLW) (OTCQB: CANSF), a leading biotechnology company focused on revolutionizing industrial manufacturing of pure, consistent and sustainable functionable ingredients,  has released its financial and operating results for the three months ended\n \n March 31, 2023\n \n , reporting significant progress to its operational platform and strong liquidity.\n \n \n \n \n \n \n \n \n \n \"The first quarter of this year marked significant progress against our stated goals to foster diversified commercial growth within our portfolio, and create opportunities for near-term revenue generation for the business all while experiencing reduced cash burn\", said\n \n Chris Savile\n \n , Willow's President and Chief Executive Officer. \"We are on a solid trajectory in successfully executing on projects underway while pursuing new agreements, and our legacy yeast strain engineering capabilities along with the complementary BioOxi™ bio-oxidation platform technology we recently launched further opens up the playing field where we can leverage our technology in pursuit of growth.\"\n \n \n Willow's unaudited consolidated interim financial statements and related management's discussion and analysis for the quarter ended\n \n March 31, 2023\n \n are available on SEDAR at\n \n www.sedar.com\n \n .\n \n \n \n Highlights for the Quarter\n \n \n \n \n On\n \n January 17, 2023\n \n , Willow announced a follow-on engagement with Sandhill One, LLC (...

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