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Nventa Biopharmaceuticals Corporation announces third-quarter 2007 financial results
Date:11/7/2007

mber 30, September 30,

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2007 2006 2007 2006

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Revenue:

Collaborative R&D revenue $ 155 $ 155 $ 465 $ 465

Operating expenses:

Research and development 1,509 1,484 5,047 5,764

Selling, general and

administrative 1,177 1,004 3,607 2,851

Corporate restructuring 20 - 814 -

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2,706 2,488 9,468 8,615

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Operating loss (2,551) (2,333) (9,003) (8,150)

Other income (expense):

Interest and other income,

net 159 72 430 121

Foreign exchange (loss)

gain, net (693) (15) (1,521) 5

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(534) 57 (1,091) 126

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Net loss $ (3,085) $ (2,276) $(10,094) $ (8,024)

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Basic and diluted loss

per common share: $ (0.01) $ (0.03) $ (0.05) $ (0.10)

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SOURCE Nventa Biopharmaceuticals Corporation
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