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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.
All rights reserved

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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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3. SuperGen to Announce 2007 Fourth Quarter and Fiscal Year-End Financial Results March 3, 2008
4. SuperGen Reports 2007 Fourth Quarter and Annual Financial Results
5. SuperGen to Announce 2008 First Quarter Financial Results April 28, 2008
6. SuperGen to Webcast 3rd Annual Analyst Day on April 29, 2008
7. SuperGen Reports 2008 First Quarter Financial Results
8. SuperGen to Present at FBR Capital Markets 12th Annual Spring Investor Conference on May 29, 2008
9. SuperGen Reports 2008 Second Quarter Financial Results
10. SuperGen to Present at Merriman 5th Annual Investor Summit on September 15, 2008
11. SuperGen to Present Data at EORTC-NCI-AACR
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