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OncoGenex Reports First Quarter Financial Results
Date:5/7/2009

ements of Operations (in thousands) Three months Ended March 31, 2009 2008 (unaudited) (unaudited) Operating expenses Research and development $ 1,694 $ 874 General and administrative 782 573 ------------------------- Total operating expenses 2,476 1,447 Other income (expense) 57 4 Loss for the period before taxes 2,419 1,443 Income tax expense (recovery) (10) 214 Net loss 2,409 1,657 Redeemable convertible preferred share accretion - 776 ------------------------- Loss attributable to common shareholders $ 2,409 $ 2,433 Condensed Consolidated Balance Sheets (in thousands) March 31, December 31, 2009 2008 (unaudited) Assets: Cash, cash equivalents and short term investments $ 9,393 $ 12,419 Amounts and investment tax credit receivable 515 1,243 Prepaid and other current assets 631 587 Property, equipment and other assets 558 541 ------------------------- Tot
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SOURCE OncoGenex Pharmaceuticals, Inc.
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