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Rosetta Genomics Reports Second Quarter 2008 Financial Results
Date:8/19/2008

oping products for similar uses; Rosetta's dependence on collaborators; the ability to obtain coverage and payment from health plans and payers for diagnostic and therapeutic products applying Rosetta's technology and Rosetta's short operating history; as well as those risks more fully discussed under "Key Information - Risk Factors" in Rosetta's Annual Report on Form 20-F for the year ended December 31, 2007 on file with the Securities and Exchange Commission. In addition, any forward-looking statements represent Rosetta's views only as of today and should not be relied upon as representing its views as of any subsequent date. Rosetta does not assume any obligation to update any forward-looking statements unless required by law.

CONSOLIDATED STATEMENTS OF OPERATIONS

U.S. dollars in thousands (except share and per share data)

Six months Three months

ended June 30, ended June 30,

2008 2007 2008 2007

Unaudited Unaudited

Operating expenses:

Research and development, net $ 4,571 $ 2,864 $ 2,182 $ 1,703

Marketing and business

development.... 945 787 434 412

General and

administrative............ 1,725 1,275 896 595

Operating

loss....................... 7,241 4,926 3,512 2,710

Financial expenses(income)

net........... 334 (655) 185 (455)

Net

loss......................... $ 7,575 $ 4,271 $ 3,697 $ 2,255

Basic and diluted net loss per

Ordinary share . $ 0.63 $ 0.41 $ 0.31 $ 0.19

Weighted average number of

Ordinary shares used to

compute basic and diluted

net los
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SOURCE Rosetta Genomics Ltd
Copyright©2008 PR Newswire.
All rights reserved

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