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

(1,143) (1,291) (5,348) 5,116

Interest income 491 1,044 1,794 3,027

Other than temporary decline in

value of investments - (4) (3,055) (4)

Other income 41 16 49 37

Income (loss) before income tax (611) (235) (6,560) 8,176

Income tax benefit (provision) 42 427 42 (236)

Net income (loss) $(569) $192 $(6,518) $7,940

Net income (loss) per common share:

Basic $(0.01) $0.00 $(0.11) $0.14

Diluted $(0.01) $0.00 $(0.11) $0.14

Weighted average shares outstanding:

Basic 57,562 57,478 57,541 56,655

Diluted 57,562 57,759 57,541 57,297

SUPERGEN, INC.

CONDENSED CONSOLIDATED BALANCE SHEETS

(In thousands)

September 30, December 31,

2008 2007

(Unaudited)

ASSETS

Current assets:

Cash and cash equivalents $79,791 $78,055

Marketable securities 5,978 9,375

Accounts receivable, net - 71

Accounts receivable from Mayne Pharma - 58

Prepaid expenses and other current assets 1,085 728

Total current assets 86,854 88,287

Marketable securities, non-current 2,934 3,419

Property, plant and equipment, net 4,60
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SOURCE SuperGen, Inc.
Copyright©2008 PR Newswire.
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Related biology technology :

1. Dr. Audrey F. Jakubowski of SuperGen Retires as Chief Regulatory and Quality Officer
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5. SuperGen to Announce 2008 First Quarter Financial Results April 28, 2008
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