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ADVENTRX Pharmaceuticals Reports Third Quarter 2007 Financial Results
Date:11/7/2007

hree Months Ended Nine Months Ended

Operations Data: September 30, September 30,

2007 2006 2007 2006

(Unaudited) (Unaudited) (Unaudited) (Unaudited)

Revenues $. $. $500 $.

Operating expenses:

Research and development 4,422 3,224 12,047 8,941

Selling, general and

administrative 1,979 2,055 6,794 5,545

Depreciation and

amortization 45 49 150 128

In-process research

and development . . . 10,422

Total operating

expenses 6,446 5,328 18,991 25,036

Loss from operations (6,446) (5,328) (18,491) (25,036)

Interest income 532 221 1,730 710

Loss before income taxes (5,914) (5,107) (16,761) (24,326)

Provision for income

taxes . . . .

Net loss $(5,914) $(5,107) $(16,761) $(24,326)

Net loss per share -

basic and diluted $(0.07) $(0.07) $(0.19) $(0.34)

Weighted average shares -

basic and diluted 90,008 73,436 89,798 70,896

Balance Sheet Data:

September 30, December 31,

2007 2006

(Unaudited)

Total cash and investments in securities $38,614 $51,745

Net working capital 35,489 49,889

Total assets 39,877 5
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SOURCE ADVENTRX Pharmaceuticals, Inc.
Copyright©2007 PR Newswire.
All rights reserved

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