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SemBioSys announces second quarter 2008 financial and operational results


Financials results included below:

SemBioSys Genetics Inc.

Consolidated Balance Sheets



(expressed in Canadian dollars)

June 30, December 31,

2008 2007

$ $

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Current assets

Cash and cash equivalents 14,101,923 20,444,013

Accounts receivable 228,300 613,912

Prepaid expenses and deposits 317,810 538,718

Inventory 743,568 426,641

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15,391,601 22,023,284

Property and equipment 8,969,956 9,272,415

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24,361,557 31,295,699

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Current liabilities

Accounts payable and accrued liabilities 1,673,651 1,875,397

Short-term portion of long-term debt 563,201 629,479

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2,236,852 2,504,876

Deferred cost recoveries 207,527 286,596

Long-term debt 1,216,830 759,568 '/>"/>

SOURCE SemBioSys Genetics Inc.
Copyright©2008 PR Newswire.
All rights reserved

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