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Micromet, Inc. Reports Third Quarter 2008 Financial Results
Date:11/6/2008

inistrative 3,429 2,908 10,346 10,840

Total operating expenses 13,372 9,204 41,001 30,560

Loss from operations (6,334) (3,641) (19,587) (19,161)

Other income (expense):

Interest expense (45) (146) (189) (580)

Interest income 183 365 649 590

Change in fair value

of warrants (6,794) 1,187 (8,503) 1,709

Other income

(expense) 99 (33) 246 1,115

Net loss $(12,891) $(2,268) $(27,384) $(16,327)

Basic and diluted net

loss per common share $(0.31) $(0.06) $(0.67) $(0.47)

Weighted average shares

used to compute basic

and diluted net loss per

share 41,041 40,727 40,883 34,880


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SOURCE Micromet, Inc.
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