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YM BIOSCIENCES REPORTS THIRD QUARTER 2009 OPERATIONAL AND FINANCIAL RESULTS
Date:5/14/2009

------------------------------------------------------------------------- 4,501,499 6,645,952 Deferred revenue 3,522,556 4,414,256 Shareholders' equity: Share capital 172,921,153 172,921,153 Share purchase warrants - 3,150,539 Contributed surplus 12,848,942 9,123,824 Deficit (142,987,921) (133,182,485) ------------------------------------------------------------------------- 42,782,174 52,013,031 Basis of presentation Commitments ------------------------------------------------------------------------- $ 50,806,229 $ 63,073,239 ------------------------------------------------------------------------- ------------------------------------------------------------------------- YM BIOSCIENCES INC. Interim Consolidated Statements of Operations and Comprehensive Income (Expressed in Canadian dollars) ------------------------------------------------------------------------- Three months ended Nine months ended March 31, March 31, 2009 2008 2009 2008 ------------------------------------------------------------------------- (Unaudited) (Unaudited) Out-licensing revenue $ 776,127 $ 1,155,835 $ 3,823,296 $ 3,438,601 Interest income 201,635 622,029 1,009,323 2,039,663 ------------------------------------------------------------------------- 977,762
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