The cash balance at 31 December 2010 was $19.7m compared to $22.8m at 30 June 2010. The Operating & Investing cash outflow of $1.5m for the quarter includes costs of the phase 2 bacterial vaginosis (BV) program.  Progress with the Phase 2 BV acute-treatment study for VivaGel^®, which commenced in July 2010 has been pleasing, with 90% of patients (119 from a total of 132) now enrolled.

Abstract: Starpharma is carving up and carving out in as many ways as possible product and application opportunities from its dendrimer chemistry platform. Dendrimers are synthetic, branch like chemical structures that can be engineered very precisely. The addition of smaller functional groups on the periphery or even with the greater structure is what makes the chemistry so versatile.

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