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Anadys Pharmaceuticals Reports First Quarter 2008 Financial Results and Highlights
Date:4/30/2008

r the three months ended March 31,

2008. Research and development expense and general and administrative

expense includes $644 and $445 of non-cash operating expenses

determined in accordance with SFAS No. 123(R) for the three months

ended March 31, 2007.

Anadys Pharmaceuticals, Inc.

Condensed Consolidated Balance Sheets

(In thousands)

March 31, December 31,

2008 2007

(Unaudited) (Audited)

Assets

Cash, cash equivalents and securities

available-for-sale $48,799 $56,495

Other current assets 873 1,004

Noncurrent assets 3,822 4,027

Total assets $53,494 $61,526

Liabilities and Stockholders' Equity

Current liabilities $4,138 $5,415

Other long-term liabilities 271 432

Stockholders' equity 49,085 55,679

Total liabilities and stockholders' equity $53,494 $61,526


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SOURCE Anadys Pharmaceuticals, Inc.
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