Oncolytics Biotech Inc. Announces 2007 Third Quart... ((10849863) (8456752) (3231375) (2895164)...)

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Oncolytics Biotech Inc. Announces 2007 Third Quarter Results

Date:10/30/2007

(10,849,863) (8,456,752) (3,231,375) (2,895,164) (63,831,305)

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

INVESTING

ACTIVITIES

Intellectual

property (586,124) (552,319) (99,066) (187,283) (6,085,404)

Property and

equipment (49,691) (29,342) (11,386) (8,294) (673,039)

Purchase of

short-term

investments (742,853) (801,358) (255,688) (261,480) (48,862,320)

Redemption of

short-term

investments - 10,158,000 - - 23,578,746

Investment

in BCY

LifeSciences

Inc. - - - - 464,602

Investment in

Transition

Therapeutics

Inc. - - - - 2,532,343

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(1,378,668) 8,774,981 (366,140) (457,057) (29,045,072)

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

FINANCING

ACTIVITIES

Proceeds from

exercise of

warrants

and stock

options - 127,500 - 85,000 15,208,468

Proceeds from

private

placements - - - - 38,137,385

Proceeds from

public

offerings 12,063,394 - - - 42,856,898

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12,063,394 127,500 - 85,000 96,202,751

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

Increase

(decrease)

in cash

and cash

equivalents

during

the period (165,137) 445,729 (3,597,515) (3,267,221) 3,326,374

Cash and

cash

equivalents,'/>"/>

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

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