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Rigel Announces First Quarter 2009 Financial Results
Date:5/5/2009

262) ======== ======== Net loss per share, basic and diluted $(0.82) $(0.79) ====== ====== Weighted average shares used in computing net loss per share, basic and diluted 36,699 34,417 ====== ====== Note A Stock-based compensation expense included in: Research and development $1,425 $3,092 General and Administrative 719 2,754 Restructuring charges 122 - --- --- $2,266 $5,846 ====== ====== SUMMARY BALANCE SHEET DATA (in thousands) March 31, December 31, 2009 2008 (1) ---- ------- (unaudited) Cash, cash equivalents and available for sale securities $104,811 $134,477 Total assets 114,026 143,858 Stockholders' equity 76,968 104,165 (1) Derived from audited financial statements 
    Contact: Ryan D. Maynard
    Phone: 650.624.1284
    Email: invrel@rigel.com

    Media Contact: Susan C. Rogers, Alchemy Consulting, Inc.
    Phone: 650.430.3777
    Email: susan@alchemyemail.com
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SOURCE  Rigel Pharmaceuticals,  Inc.
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