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Oncolytics Biotech Inc. Announces 2007 Third Quarter Results
Date:10/30/2007

>

exchange

loss/(gain) 2,829 (2,703) 18,917 5,129 651,677

Amortization -

intellectual

property 713,887 647,893 244,299 220,774 4,750,721

Amortization -

property and

equipment 30,061 43,379 10,197 12,685 437,744

-------------------------------------------------------------------------

12,503,540 10,354,783 4,083,124 3,745,623 81,754,329

-------------------------------------------------------------------------

Loss before

the

following: 12,503,540 10,354,783 4,083,124 3,745,623 81,444,329

Interest

income (946,826) (947,364) (319,223) (320,454) (5,749,831)

Gain on sale

of BCY

LifeSciences

Inc. - - - - (299,403)

Loss on sale of

Transition

Therapeutics

Inc. - - - - 2,156,685

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Loss before

taxes 11,556,714 9,407,419 3,763,901 3,425,169 77,551,780

Future income

tax recovery - - - - (1,115,000)

-------------------------------------------------------------------------

Net loss and

comprehensive

loss for

the period 11,556,714 9,407,419 3,763,901 3,425,169 76,436,780

-------------------------------------------------------------------------

-------------------------------------------------------------------------

Basic and

diluted loss

per share 0.29 0.26 0.09 0.09

-------------------------------------------------------------

-------------------------------------------------------------

Weighted

average

number of


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SOURCE Oncolytics Biotech Inc.
Copyright©2007 PR Newswire.
All rights reserved

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