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Cipher reports third quarter fiscal 2007 results
Date:11/7/2007

98

Exercise of stock

options settled

in cash - (286) - -

---------------------------------------------- --------------------------

(2,878) (11,245) (83) (2,214)

---------------------------------------------- --------------------------

Investing activities

Purchase of property

and equipment (143) (28) (10) (17)

Increase in

intangible assets - (277) - (277)

Proceeds from

loan receivable - 800 - -

---------------------------------------------- --------------------------

(143) 495 (10) (294)

---------------------------------------------- --------------------------

Financing activities

Issuance of

share capital - 10,907 - -

Proceeds from

exercise of

stock options - 201 - -

---------------------------------------------- --------------------------

- 11,108 - -

---------------------------------------------- --------------------------

Increase (decrease)

in cash and cash

equivalents (3,021) 358 (93) (2,508)

Cash and cash

equivalents,

beginning of period 15,077 16,616 12,149 19,482

---------------------------------------------- --------------------------

---------------------------------------------- --------------------------

Cash and cash

equivalents,

end of period $ 12,056 $ 16,974 $ 12,056 $ 16,974

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SOURCE Cipher Pharmaceuticals Inc.
Copyright©2007 PR Newswire.
All rights reserved

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