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Renovis Reports Fourth Quarter and Full Year 2007 Financial Results
Date:3/14/2008

$(0.23) $(0.27) $(1.11) $(0.97)

Shares used to compute

basic and diluted net

loss per share 29,801,432 29,389,130 29,670,689 29,213,098

RENOVIS, INC.

Condensed Balance Sheets

(in thousands)

December 31, December 31,

2007 2006

Assets:

Cash and cash equivalents $40,750 $41,958

Short-term investments 38,643 57,149

Prepaid and other current

assets 885 928

Total current assets 80,278 100,035

Property and equipment, net 5,236 7,052

Other long-term assets 236 214

$85,750 $107,301

Liabilities and stockholders' equity

Current liabilities $8,488 $10,531

Long-term liabilities 1,689 3,684

Stockholders' equity 75,573 93,086

$85,750 $107,301


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SOURCE Renovis, Inc.
Copyright©2008 PR Newswire.
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