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Nventa Biopharmaceuticals Reports Full Year 2007 and Fourth Quarter Financial Results
Date:3/13/2008

0,916

Operating loss (2,345) (2,145) (11,348) (10,295)

Other income (expenses):

Interest and other

income, net 141 17 571 138

Net foreign exchange

(loss) gain (115) 85 (1,636) 90

26 102 (1,065) 228

Net loss and

comprehensive loss $(2,319) $(2,043) $(12,413) $(10,067)

Basic and diluted

loss per common share: $(0.01) $(0.02) $(0.06) $(0.12)

Weighted average number of

shares used to compute

basic and diluted loss

per common share

(in thousands) 260,836 83,669 212,449 83,440

Condensed Consolidated Balance Sheet Information

(Unaudited)

(Canadian dollars)(In thousands, except per share amounts)

December 31, December 31,

2007 2006

Cash and cash equivalents $12,859 $2,972

Total assets 14,471 4,619

Stockholders' equity 12,781 2,303

Total shares outstanding (in thousands) 260,586 83,669


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SOURCE Nventa Biopharmaceuticals Corporation
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