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YM BIOSCIENCES REPORTS SECOND QUARTER 2009 OPERATIONAL AND FINANCIAL RESULTS
Date:2/13/2009

--------------------------------------------- (4,641,153) (5,147,087) (7,975,554) (9,673,737) Investing activities: Short-term deposits, net (174,312) (3,951,708) 13,025,814 15,342,989 Additions to property and equipment and intangible assets (2,332) (35,933) (15,036) (35,933) Proceeds from sale of property and equipment - 38,996 - 38,996 ----------------------------------------------------------------------- (176,644) (3,948,645) 13,010,778 15,346,052 ------------------------------------------------------------------------- Increase (decrease) in cash and cash equivalents (4,817,797) (9,095,732) 5,035,224 5,672,315 Cash and cash equivalents, beginning of period 12,972,210 20,615,398 3,119,189 5,847,351 ------------------------------------------------------------------------- Cash and cash equivalents, end of period $ 8,154,413 $ 11,519,666 $ 8,154,413 $ 11,519,666 ------------------------------------------------------------------------- -------------------------------------------------------------------------


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