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SuperGen Reports 2007 Fourth Quarter and Annual Financial Results
Date:3/3/2008

16,487)

Net income (loss) per common share:

Basic $0.09 $(0.11) $0.23 $(0.31)

Diluted $0.09 $(0.11) $0.23 $(0.31)

Weighted average shares used in net

income (loss) per common

share calculation:

Basic 57,499 55,164 56,868 53,439

Diluted 57,661 55,164 57,301 53,439

SUPERGEN, INC.

CONDENSED CONSOLIDATED BALANCE SHEETS

(In thousands)

December 31,

2007 2006

(Unaudited)

ASSETS

Current assets:

Cash and cash equivalents $78,055 $67,704

Marketable securities 9,375 -

Accounts receivable, net 71 489

Development revenue receivable

from MGI PHARMA - 29

Accounts receivable from Mayne

Pharma 58 1,502

Inventories, net - 223

Prepaid distribution and

marketing rights - 630

Prepaid expenses and other

current assets 728 1,111

Total current assets 88,287 71,688

Marketable securities, non-current 3,419 179

Investment in stock of related

parties -
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SOURCE SuperGen Inc.
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