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SemBioSys announces 2007 third quarter results
Date:11/1/2007

570

Product sales 38,629 - 49,139 -

------------ ------------ ------------ ------------

38,629 123,039 1,045,467 390,570

Expenses

Research and

development 1,892,224 1,360,045 5,560,941 3,843,207

General and

administration 1,041,949 903,753 3,152,426 2,695,669

Intellectual

property costs 237,430 217,269 1,073,093 2,561,564

Business development 396,481 134,182 1,115,033 586,279

Stock-based

compensation 185,335 189,925 551,039 536,368

Amortization 328,684 209,978 798,629 610,500

Cost recoveries (59,461) (65,361) (233,745) (127,361)

------------ ------------ ------------ ------------

4,022,642 2,949,791 12,017,416 10,706,226

------------ ------------ ------------ ------------

Loss before the

undernoted (3,984,013) (2,826,752) (10,971,949) (10,315,656)

------------ ------------ ------------ ------------

Interest income 216,090 217,495 691,285 668,100

Interest expense (43,406) (41,158) (153,949) (135,511)

Loss on sale of

property and equipment - - (1,483) (16,802)

Foreign exchange

gain (loss) 130,379 (8,610) 301,364 28,323

------------ ------------ ------------ ------------

303,063 167,727 837,217 544,110

------------ ------------ ------------ ------------

Net loss and

comprehensive loss

for the period (3,680,950)
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SOURCE SemBioSys Genetics Inc.
Copyright©2007 PR Newswire.
All rights reserved

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