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Interleukin Genetics Reports Third Quarter 2008 Financial Results
Date:11/13/2008

d shareholders'

equity $13,345,831 $16,385,949

Statement of Operations Data

(Unaudited): Three Months Ended Nine Months Ended

Sept 30, Sept 30,

2008 2007 2008 2007

Revenue:

Genetic testing service

revenue $102,782 $157,645 $295,527 $648,910

Net consumer products

sales 1,626,001 1,792,688 5,593,267 5,173,555

Contract research

revenue 441,467 609,234 1,380,759 1,558,205

Other 1,345 1,718 32,799 8,360

Total revenue 2,171,595 2,561,285 7,302,352 7,389,030

Operating costs and

expenses:

Cost of genetic testing

services 235,795 211,953 679,036 721,090

Cost of consumer

products sold 764,470 995,769 2,963,676 2,882,072

Research and

development 933,004 785,942 2,455,230 2,246,340

Selling, general and

administrative 1,562,400 1,163,531 5,451,137 4,821,032

Amortization of

intangibles 334,955 413,209 996,669 1,236,074

Total operating

costs and

expenses 3,830,624 3,570,404 12,545,748 11,906,608

Loss from operations (1,659,029) (1,009,119) (5,243,396) (4,517,578)

Total other income and

expense, net (11,820) (68,540) 49,599 (188,680)

Net loss before income

taxes (1,670,849) (1,077,659) (5,193,797) (4,706,258)

Provision for income

taxes 29,000 (4,000) 10,500 (12,000)

Net loss
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SOURCE Interleukin Genetics, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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Related biology technology :

1. Interleukin Genetics to Present New Findings on Osteoporosis at the 58th Annual Meeting of the American Society of Human Genetics
2. Interleukin Genetics to Present New Findings at the 11th Cardiovascular Genomics and Atherosclerosis Symposium
3. Interleukin Genetics and Alticor Agree on Expansion of Distribution Channels for Genetic Tests
4. Interleukin Genetics Licenses its PST(R) Genetic Test to OralDNA Labs
5. Interleukin Genetics Announces Conference Call and Webcast to Discuss Second Quarter 2008 Business Results
6. Interleukin Genetics to Present at 2008 BIO International Convention
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8. Interleukin Genetics Welcomes the Signing of the Genetic Information Nondiscrimination Act (GINA)
9. Interleukin Genetics to Present at Rodman & Renshaw 5th Annual Global Healthcare Conference
10. Interleukin Genetics Announces Conference Call and Webcast to Discuss First Quarter 2008 Business Results
11. Interleukin Genetics Appoints Eliot M. Lurier Chief Financial Officer
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