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YM BioSciences third quarter 2010 operational and financial results
Date:5/13/2010

(Unaudited) (Unaudited) Out-licensing revenue $ 690,585 $ 776,127 $ 2,115,706 $ 3,823,296 Interest income 18,901 201,635 51,194 1,009,323 ------------------------------------------------------------------------- 709,486 977,762 2,166,900 4,832,619 Expenses: Licensing and product development 4,526,244 3,259,177 9,335,238 11,525,789 General and administrative 1,623,900 1,190,039 5,107,662 3,530,626 ----------------------------------------------------------------------- 6,150,144 4,449,216 14,442,900 15,056,415 ------------------------------------------------------------------------- Loss before the undernoted (5,440,658) (3,471,454) (12,276,000) (10,223,796) Gain (loss) on foreign exchange (39,418) 51,122 (73,295) 143,009 Loss on short-term deposits (10,803) (54,507) (19,909) (31,789) Other income - - - 307,140 ------------------------------------------------------------------------- Loss and comprehensive loss for the period (5,490,879) (3,474,839) (12,369,204) (9,805,436) Deficit, beginning of period (153,130,276) (139,513,082) (146,251,951) (133,182,485) ------------------------------------------------------------------------- Deficit, end of period $(158,621,155) $(142,987,921) $(158,621,155) $(142,987,921) ------------------------------------------------------------------------- ------------------------------------------------------------------------- Basic and diluted loss per common share $ (0.09) $ (0.06) $
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