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SuperGen Reports 2008 Second Quarter Financial Results
Date:8/4/2008

Enns Mary M. Vegh

SuperGen, Inc. SuperGen, Inc.

SVP, Corporate Communications Manager, Investor Relations

& Business Development

Tel: (925) 560-0100 Tel: (925) 560-2845

E-mail: tenns@supergen.com E-mail: mary.vegh@supergen.com

Condensed Consolidated Statements of Operations and Balance Sheets

to follow ...

SUPERGEN, INC.

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(In thousands, except per share amounts)

(Unaudited)

Three Months Ended Six Months Ended

June 30, June 30,

2008 2007 2008 2007

Revenues:

Net product revenue $- $- $- $621

Royalty revenue 8,133 4,619 16,271 8,413

Total revenues 8,133 4,619 16,271 9,034

Costs and operating expenses:

Cost of product revenue - - - 221

Research and development 7,740 5,953 15,687 11,015

Selling, general,

and administrative 3,273 3,697 6,350 7,273

Acquired in-process

research and

development - 9,967 - 9,967

Gain on sale of

products (560) (25,849) (1,560) (25,849)

Total costs and

operating expenses 10,453 (6,232) 20,477 2,627

Income (loss) from

operations (2,320) 10,851 (4,206) 6,407 '/>"/>

SOURCE SuperGen, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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