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AutoImmune Inc. Reports 2008 Second Quarter Financial Results
Date:8/7/2008

t are not strictly historical are forward-looking statements including statements about clinical trials and studies and future sales, royalties and revenue. You can identify these forward-looking statements because they involve our expectations, beliefs, projections, anticipations or other characterizations of future events or circumstances. These forward-looking statements are not guarantees of future performance and are subject to risks and uncertainties that may cause actual results to differ materially from those in the forward-looking statements as a result of any number of factors. These factors include, but are 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, as are other factors, in the Company's most recent Annual Report on Form 10-KSB filed with the Securities and Exchange Commission in the section entitled "Risk Factors."

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AUTOIMMUNE INC.

STATEMENT OF OPERATIONS

(Unaudited)

Three months ended June 30, Six months ended June 30,

2007 2008 2007 2008

Revenue $63,000 $101,000 $160,000 $168,000

Costs and expenses:

Cost of product

revenue 2,000 16,000 11,000 28,000

Research and

development 58,000 48,000 88,000 90,000

Selling, general

and administrative 184,000 181,000 369,000 386,000

Total costs

and expenses 244,000 245,000 468,000 504,000

Interest income 113,000 60,000 223,000 144,000

Minority intere
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SOURCE AutoImmune Inc.
Copyright©2008 PR Newswire.
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