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Poniard Pharmaceuticals Reports Third Quarter 2009 Financial Results and Provides a Corporate Update
Date:11/3/2009

luted 34,769 34,688 34,723 34,685 ====== ====== ====== ====== Condensed Consolidated Balance Sheets (In thousands) September 30, December 31, 2009 2008 -------------- ------------- (Unaudited) (Note 1) ASSETS: Cash and investment securities $40,114 $72,755 Cash - restricted 281 281 Facilities and equipment, net 277 1,123 Licensed products, net 7,896 8,807 Other assets 1,072 1,266 ----- ----- Total assets $49,640 $84,232 ======= ======= LIABILITIES AND SHAREHOLDERS' EQUITY: Current liabilities $17,574 $19,178 Long term liabilities 11,848 17,407 Shareholders' equity 20,218 47,647 ------ ------ Total liabilities and shareholders' equity $49,640 $84,232 ======= ======= Note 1: Derived from audited financial statements included in the Company's Annual Report on Form 10-K for the year ended December 31, 2008.

SOURCE Poniard Pharmaceuticals, Inc.


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