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Bradmer announces 2008 fourth quarter and fiscal year operational and financial results
Date:3/31/2009

---------- $ 8,996,187 $20,322,253 ------------ ------------ ------------ ------------ Liabilities Current Accounts payable and accrued liabilities $ 1,594,578 $ 1,835,492 ------------ ------------ Shareholders' Equity Capital stock 31,026,728 31,026,728 Warrants 881,488 881,488 Contributed surplus 1,158,886 714,981 Deficit (25,665,493) (14,136,436) ------------ ------------ 7,401,609 18,486,761 ------------ ------------ $ 8,996,187 $20,322,253 -------------------------- -------------------------- Bradmer Pharmaceuticals Inc. Statements of Operations and Deficit US $ Three Months Three Months Ended Ended Year Ended Year Ended December 31, December 31, December 31, December 31, 2008 2007 2008 2007 ------------- ------------- ------------- ------------- Expenses Research & development $ 1,585,762 $ 2,826,417 $ 8,326,958 $ 7,255,600 General & administrative 760,608 872,750 3,389,453 2,795,860 Amortization of patent rights 16,022
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