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Advanced Life Sciences Announces Fourth Quarter and Full Year 2007 Financial Results
Date:2/19/2008

development expense. Total research and development

expense increased $8.5 million to approximately $25.7 million for the

twelve months ended December 31, 2007 from approximately $17.2 million

for the twelve months ended December 31, 2006. The increase in R&D

expense is related to clinical trials and manufacturing costs

associated with the Company's lead product, cethromycin.

-- General and administrative expense. General and administrative

expense increased $1.4 million to $6.8 million for the twelve months

ended December 31, 2007. Salary and benefit expense increased

$944,000 and was comprised of $614,000 of incremental salary and

benefit expense and $330,000 in non-cash compensation expense related

to stock option issuances. Marketing expenses related to the branding

of cethromycin increased $235,000 over 2006, the result of a larger

presence at key scientific meetings throughout the year. Facilities

expense increased $143,000 as compared to 2006 which resulted from our

facilities expansion that was completed during the fourth quarter of

2006.

Fourth Quarter Expense Analysis: 2007 versus 2006:

-- Research and development expense. Total research and development

expense decreased $1.6 million to approximately $4.0 million for the

three months ended December 31, 2007 from approximately $5.6 million

for the three months ended December 31, 2006. The decrease in R&D

expense reflects decreased development expenses associated with the

completion of community acquired pneumonia clinical trials for

cethromycin.

-- General and administrative expense. General and administrative

expense remained at $1.5 million for the three months ended

December 31, 2007 as it had in the three months ended

December 31,
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SOURCE Advanced Life Sciences Holdings, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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