CEL-SCI CORPORATION Reports Third Quarter 2008 Financi...( VIENNA Va. Aug. 20 /- CEL-SCI COR...)

VIENNA, Va., Aug. 20 /PRNewswire-FirstCall/ -- CEL-SCI CORPORATION (Amex: CVM) reports financial results for the three and nine months ending June 30, 2008.

The Company's loss from operations for the quarter ended June 30, 2008 was $2,176,679 versus a loss of $3,776,263 during the same quarter in 2007. The Company's loss from operations for the nine months ended June 30, 2008 was $7,129,215 versus a loss of $7,368,779 during the same nine months in 2007.

The net loss per common share for the quarter ended June 30, 2008 was $0.02 versus a net loss per common share of $0.05 during the same quarter in 2007. The Company's net loss per common share for the nine months ended June 30, 2008 was $0.06 versus a net loss per common share of $0.10 during the same nine month period in 2007.

During the three month period ended June 30, 2008, research and development charges were $975,183 compared to $632,868 during the same period in 2007. During the nine month period ended June 30, 2008, research and development expenses were $3,041,212 compared to $1,817,891 during the same period in 2007.

During the three month period ended June 30, 2008, general and administrative expenses were $1,177,288 compared to $3,104,755 during the same period in 2007. During the nine month period ended June 30, 2008, general and administrative expenses were $3,931,857 compared to $5,473,605 during the same period in 2007.

Geert Kersten, Chief Executive Officer of CEL-SCI said, "We are moving forward just as we had planned. The greatest part of the expenditures are focused on completing the manufacturing facility and starting the Phase III study of our Multikine cancer drug. Some additional funds were spent on our new and very promising Rheu
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