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BioMS Medical Announces Third Quarter 2009 Results
Date:11/12/2009

d ended September 30, September 30, 2009 2008 2009 2008 $ $ $ $ --------------------------- --------------------------- Revenue earned from collaboration partner 45,605 40,097 20,615 16,096 Less: Research and development expenses (23,317) (32,574) (3,670) (10,092) --------------------------- --------------------------- 22,288 7,523 16,945 6,004 General and administrative expenses (5,885) (11,641) (1,275) (1,252) Amortization of licensing costs (736) (1,103) - (368) Amortization of property and equipment (127) (82) (42) (38) --------------------------- --------------------------- Income (loss) from operations 15,540 (5,303) 15,628 4,346 --------------------------- --------------------------- Other income (expense) Investment income 306 1,877 40 554 Impairment of licensing costs (5,174) (5,174) Foreign exchange (loss) gain (619) 2,652 (546) 1,413 --------------------------- --------------------------- (5,487) 4,529 (5,680) 1,967 --------------------------- --------------------------- Net income (loss) and comprehensive income (loss) 10,053 (774) 9,948 6,313 --------------------------- --
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SOURCE BioMS Medical Corp.
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