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

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

Expenses

Cost of goods sold 177 - - -

Research and

development 1,535 8,111 231 1,370

Operating, general

and administrative 3,739 2,648 1,102 897

Amortization of

property and

equipment 32 17 16 5

Amortization of

intangible assets 350 - 117 -

Interest income (634) (695) (267) (240)

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5,199 10,081 1,199 2,032

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Loss and

comprehensive loss

for the period $ (4,823) $ (10,081) $ (1,050) $ (2,032)

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Basic and diluted

loss per share

(note 7) $ (0.20) $ (0.43) $ (0.04) $ (0.08)

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Cipher Pharmaceuticals Inc.

Unaudited Consolidated Statements of Deficit

(in thousands of dollars)

For the nine For the three

months ended months ended

September 30 September 30

2007 2006 2007 2006

Deficit, beginning

of period $ (58,858) $ (46,795) $ (62,631) $ (54,844)

Loss for the per
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SOURCE Cipher Pharmaceuticals Inc.
Copyright©2007 PR Newswire.
All rights reserved

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