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Cadus Reports Third Quarter 2009 Results
Date:11/16/2009

(472) (5,831) ---------- ---------- Total costs and expenses 480,619 523,568 ---------- ---------- Operating loss (380,619) (423,568) Other income: Interest income 65,440 569,710 Gain (loss) on redemption of securities 157,528 (33,562) Investment reduction to net asset value -- (377,067) ---------- ---------- Loss before provision for income taxes (157,651) (264,487) Provision for income taxes -- 1,658 ---------- ---------- Net (loss) ($157,651) ($266,145) ========== ========== Basic and diluted (loss) per weighted average share of common stock outstanding ($0.01) ($0.02) ========== ========== Weighted average shares of common stock outstanding - basic and diluted 13,144,040 13,144,040 ========== ==========

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