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Ardea Biosciences Reports Progress of Clinical Development Programs; Provides 2008 Outlook; Announces 2007 Financial Results and Provides 2008 Financial Guidance
Date:3/24/2008

) $(0.05) $(2.55) $(0.07)

Shares used to compute basic and

diluted net loss per share applicable

to common stockholders 10,583 9,358 9,934 9,326

The accompanying notes are an integral part of these financial statements.

Condensed Balance Sheet Data

(In Thousands)

December 31 December 31

2007 2006

Cash, cash equivalents and short-term

investments 66,215 48,669

Total assets 67,649 50,240

Total stockholders' equity 63,739 49,064


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SOURCE Ardea Biosciences, Inc.
Copyright©2008 PR Newswire.
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