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SemBioSys announces 2007 financial and operational results
Date:3/17/2008

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SemBioSys Genetics Inc.

Consolidated Statements of Loss, Comprehensive Loss and Deficit

For the years ended December 31,

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(expressed in Canadian dollars)

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2007 2006

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$ $

Revenue

Licensing fees 874,024 -

Contract research 122,304 523,258

Product sales 226,495 -

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1,222,823 523,258

Expenses

Research and development 8,044,121 5,480,972

General and administration 4,528,184 4,013,653

Intellectual property 1,569,095 3,467,045

Business development 1,213,634 745,964

Sales and marketing 201,094 -

Cost of products sold 198,019 -

Stock-based compensation 723,558 713,902

Amortization 1,390,065 832,845

Cost recoveries (267,995) (171,821)

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17,599,775 15,082
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SOURCE SemBioSys Genetics Inc.
Copyright©2008 PR Newswire.
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