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ARIUS announces fourth quarter and year-end fiscal 2007 financial results
Date:1/29/2008

it - (85,000) (655,000)

Bridge loan - - 300,000

Repayment of bridge loan - (300,000) (300,000)

Repayment of capital lease

and equipment financing

obligations (29,630) (91,019) (290,431)

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(29,630) 24,164,826 37,787,661

Investing activities:

Purchase of short-term

investments (27,015,587) (16,135,490) (43,151,077)

Maturity of short-term

investments 36,325,887 - 36,325,887

Leasehold inducements - 243,780 243,780

Long-term investment - - (20,000)

Acquisition of facilities

and equipment (740,098) (1,201,387) (2,969,293)

Disposal of equipment - - 8,986

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8,570,202 (17,093,097) (9,561,717)

Increase (decrease) in cash

and cash equivalents 1,558,300 3,924,098 5,635,365

Cash and cash equivalents,

beginning of period 4,077,065 152,967 -

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Cash and cash equivalents,

end of period 5,635,365 4,077,065 5,635,365

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Forward-Looking Statements

Certain statements in this news release constitute "forward-looking statements" within
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SOURCE ARIUS Research Inc.
Copyright©2008 PR Newswire.
All rights reserved

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Related biology technology :

1. Arius completes Pre-IND Meeting with FDA for Lead CD44 Cancer Stem Cell Program
2. ARIUS to Hold Fourth Quarter and Year End 2007 Conference Call
3. ARIUS announces manufacturing agreement with Avid Bioservices for CD44 Cancer Stem Cell antibody
4. ARIUS to present at BioNorth Biotechnology and Life Sciences Conference
5. Arius announces new findings in Trop-2 and CD59 CANCER antibody programs
6. ARIUS announces cancer stem cell antibody program successfully completes first toxicology study
7. ARIUS to present at Chinese Global Financial Forum
8. Arius highlighted at AACR-NCI-EORTC 2007 International Cancer Conference
9. ARIUS Announces Third Quarter Fiscal 2007 Financial Results
10. Arius Features Preclinical Data on Antibody Candidates at Two Conferences
11. China Bionanometer Industries Corporation Announces Record Second Quarter 2007 Results
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