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Advanced Life Sciences Announces Second Quarter 2008 Financial Results
Date:8/14/2008

nical development and manufacturing costs associated

with the Company's lead product, cethromycin.

* Selling, general and administrative expenses totaled $1.7 million

compared to $1.8 million for the second quarter of last year.

Recent Achievements

* Incorporated knowledge gained in April meetings with FDA to optimize

cethromycin NDA for the community acquired pneumonia (CAP)

indication;

* Progressed negotiations with prospective partners for the

commercialization of cethromycin;

* Announced U.S. Department of Defense DTRA contract to study

cethromycin in tularemia, plague and melioidosis for up to

$3.8 million;

* Submitted funding proposal to Department of Health & Human Services

to expand the application of cethromycin as a broad spectrum medical

countermeasure. If awarded, the contract would further support

advanced development for cethromycin to combat Category A and B

bioterror threats such as inhalation anthrax, tularemia, plague and

melioidosis;

* Published data in Journal of Antimicrobial Chemotherapy showing

potent cethromycin in vitro CA-MRSA activity;

* Opened enrollment and began screening patients in dose-escalating

study to assess the safety, tolerability, and preliminary efficacy

of ALS-357 topically administered to patients with cutaneous

metastatic melanoma;

* Announced collaboration with UK Ministry of Defence for study of

ALS-886 as a treatment for lung tissue damage.

Business Outlook and Goals for the Third Quarter of 2008

* Submit electronic NDA package for cethromycin in the CAP indication

to the FDA;

* Advance negotiations with prospective partners for the

commercialization of cethromycin;

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

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