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AutoImmune Inc. Reports 2007 Fourth Quarter and Year End Financial Results
Date:3/14/2008

at value in capitalizing on this opportunity."

AutoImmune is a biopharmaceutical company involved in the development of treatments for autoimmune and cell-mediated inflammatory diseases and conditions.

This release contains forward-looking statements that involve risks and uncertainties. The Company's actual results may differ significantly from results discussed in the forward-looking statements due to a number of important factors, including, but not limited to the uncertainties of clinical trial results, the Company's dependence on third parties for licensing revenue, and the risks of technological change and competition. These factors are more fully discussed in the Company's most recent Annual Report on Form 10-KSB filed with the Securities and Exchange Commission in the section "Risk Factors." The discussion in the Annual Report on Form 10-KSB is hereby referenced into this release.

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AUTOIMMUNE INC.

STATEMENT OF OPERATIONS

(Unaudited)

Three months ended Year ended

December 31, December 31,

2006 2007 2006 2007

Revenue $137,000 $75,000 $401,000 $294,000

Costs and expenses:

Cost of product revenue 28,000 1,000 46,000 21,000

Research and development 45,000 49,000 217,000 144,000

Selling, general and

administrative 152,000 181,000 1,058,000 713,000

Total costs and

expenses 225,000 231,000 1,321,000 878,000

Interest income 113,000 105,000 428,000 440,000

Minority interest in

joint venture 11,000 (5,000)
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SOURCE AutoImmune Inc.
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