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AutoImmune Inc. Reports 2008 Third Quarter Financial Results
Date:11/7/2008

expenses 179,000 129,000 647,000 633,000

Interest income 112,000 51,000 335,000 195,000

Minority interest

in joint venture - (2,000) 6,000 (3,000)

Other income - - 25,000 0

112,000 49,000 366,000 192,000

Net loss ($8,000) ($23,000) ($62,000) ($216,000)

Net loss per share -

basic ($0.00) ($0.00) ($0.00) ($0.01)

Net loss per share -

diluted ($0.00) ($0.00) ($0.00) ($0.01)

Weighted average

common shares

outstanding - basic 16,979,623 16,999,623 16,967,504 16,998,820

Weighted average

common shares

outstanding -

diluted 16,979,623 16,999,623 16,967,504 16,998,820

CONDENSED BALANCE SHEET

(Unaudited)

December 31, September 30,

2007 2008

Cash and marketable securities $8,804,000 $8,591,000

Other current assets 167,000 154,000

Total assets $8,971,000 $8,745,000

Current liabilities $128,000 $129,000

Minority interest in joint venture 11,000 24,000

Total stockholders' equity 8,832,000 8,592,000

Total liabilities and equity $8,971,000 $8,745,000


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SOURCE AutoImmune Inc.
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