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SuperGen Reports 2008 Third Quarter Financial Results
Date:11/4/2008

.

Timothy L. Enns

SVP, Corporate Communications & Business Development

Tel: (925) 560-0100

E-mail: tenns@supergen.com

Mary M. Vegh

Manager, Investor Relations

Tel: (925) 560-2845

E-mail: mary.vegh@supergen.com

Dorland Global Public Relations

Michael Beckerich (Media)

Tel: (212) 677-7632

E-mail: mbeckerich@dorland.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 Nine Months Ended

September 30, September 30,

2008 2007 2008 2007

Revenues:

Net product revenue $- $- $- $621

Royalty revenue 10,209 6,123 26,480 14,536

Total revenues 10,209 6,123 26,480 15,157

Costs and operating expenses:

Cost of product revenue - - - 221

Research and development 8,841 6,170 24,528 17,185

Selling, general, and

administrative 2,511 3,072 8,860 10,345

Acquired in-process research

and development - - - 9,967

Gain on sale of products - (1,828) (1,560) (27,677)

Total costs and operating

expenses 11,352 7,414 31,828 10,041

Income (loss) from operations
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SOURCE SuperGen, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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