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Bioniche Reports Fiscal 2008 First Quarter
Date:11/9/2007

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Balance, June 30,

2007 (68,630,615) - 29,109,976

Transition adjustment 134,674 - 134,674

Net loss for the

period (3,812,759) - (3,812,759)

Issued under employee

share ownership plan - - 113,883

Stock-based

compensation - - 84,746

Shares issued to

directors - - 76,502

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Balance, Sept. 30,

2007 (72,308,700) - 25,707,022

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Bioniche Life Sciences Inc.

NOTES TO INTERIM CONSOLIDATED

FINANCIAL STATEMENTS

September 30, 2007 and 2006 Unaudited

Bioniche Life Sciences Inc.

INTERIM CONSOLIDATED STATEMENTS OF LOSS

(Unaudited)

For the three months ended September 30

2007 2007

$ $

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REVENUE

Sales 5,904,784 7,744,626

Cost of sales 2,479,305 3,190,845

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Gross profit 3,425,479 4,553,781

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EXPENSES

Administration
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SOURCE Bioniche Life Sciences Inc.
Copyright©2007 PR Newswire.
All rights reserved

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