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ARIUS announces second quarter fiscal 2008 financial results
Date:7/11/2008

vestments (1,299,844) (10,240,605)

Maturity of short-term

investments 8,125,034 17,661,017

Leasehold inducements - -

Long-term investment - -

Acquisition of facilities

and equipment (61,346) (517,554)

Disposal of equipment - -

---------------------------------------------------------

6,763,844 6,902,858

Increase in cash & cash

equivalents 2,907,759 3,344,044

Cash & cash equivalents,

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

-----------------------------------------------------------

Cash & cash equivalents,

end of period 8,543,124 7,421,109

-----------------------------------------------------------

-----------------------------------------------------------

-------------------------------------------------------------------------

Cumulative

Three-month Three-month since

period ended period ended inception on

May 31, May 31, August 11,

2008 2007 1999

$ $ $

-------------------------------------------------------------------------

Cash provided by (used in):

Operating activities:

Loss for the period (3,816,937) (3,036,132) (38,934,651)

Items not involving cash:

Amortization of:

Facilities and equipment 94,993 85,064 1,466,178

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SOURCE ARIUS Research Inc.
Copyright©2008 PR Newswire.
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6. ARIUS presents new findings showing therapeutic antibody inhibits human leukemic cancer stem cells
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