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BELLUS Health reports results for the fourth quarter of 2008
Date:2/26/2009

ves (60) - (113) - ------------------------------------------------------------------------- Net sales 157 - 310 - Collaboration agreement - 206 205 1,119 Reimbursable costs - 64 69 396 ------------------------------------------------------------------------- 157 270 584 1,515 ------------------------------------------------------------------------- Expenses: Research and development 3,916 12,199 25,027 55,732 Research tax credits and grants (302) (727) (1,430) (2,161) ------------------------------------------------------------------------- 3,614 11,472 23,597 53,571 General and administrative 3,206 1,397 11,719 10,581 Marketing and selling 3,202 - 6,661 - Reimbursable costs - 64 69 396 Stock-based compensation 11 1,421 2,309 4,275 Depreciation, amortization and patent cost write-off 852 611 1,884 1,698 ------------------------------------------------------------------------- 10,885 14,965 46,239 70,521 ------------------------------------------------------------------------- Loss before undernoted items (10,728) (14,695) (45,655) (69,006) Interest income 51 756 907 3,341 Interest and bank charges (90) (52) (271) (202) Accretion expense
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