Cadus Reports Third Quarter 2007 Results(tal revenues ...)

Costs and expenses:

General and administrative expenses 103,816 122,383

(Income) from equity in other ventures (3,919) (3,300)

Total costs and expenses 99,897 119,083

Operating loss (99,897) 119,083)

Other income:

Interest income 340,124 319,418

Income before income taxes 240,227 200,335

Income taxes - -

Net income $240,227 $200,335

Basic and diluted income per

weighted average share of common

stock outstanding $0.02 $0.02

Weighted average shares of common

stock outstanding - basic and

diluted 13,144,040 13,144,040

CADUS CORPORATION

Condensed Consolidated Statements of Operations

(Unaudited)

Nine Months Ended

September 30,

2007 2006

License and maintenance fees $100,000 $100,000

Total revenues 100,000 100,000

Costs and expenses:

General and administrative expenses 530,023 603,289

(Income) from equity in other ventures (9,989) (8,668)

Total costs and expenses 520,034 594,621

Operating loss (420,034) (494,621)

Other income:

Interest income
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