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IDM Pharma Reports 2007 Financial Results
Date:3/20/2008

Selling and

marketing 576,000 208,000 1,024,000 605,000

General and

administrative 2,319,000 2,585,000 11,535,000 9,402,000

Restructuring 1,092,000 - 1,092,000 -

Total costs and

expenses 9,199,000 8,185,000 35,990,000 32,928,000

Loss from

operations (3,648,000) (5,227,000) (21,360,000) (21,642,000)

Interest income 360,000 76,000 1,118,000 503,000

Interest expense 1,053,000 - 3,878,000 -

Other income, net 23,000 - - -

Foreign exchange

loss (381,000) (861,000) (1,680,000) (2,559,000)

Loss before income

tax (2,593,000) (6,012,000) (18,044,000) (23,698,000)

Income tax (expense)

benefit (89,000) 64,000 (306,000) 243,000

Net loss $(2,682,000) $(5,948,000) $(18,350,000) $(23,455,000)

Weighted average

number of shares

outstanding 25,148,380 13,401,071 21,075,738 13,366,002

Basic and diluted

loss per share $(0.11) $(0.44) $(0.87) $(1.75)

Comprehensive loss:

Net loss $(2,682,000) $(5,948,000) $(18,350,000) $(23,455,000)

Other comprehensive

gain 403,000 1,157,000 2,041,000 3,545,000

$(2,279,000) $(4,791,000) $(16,309,000) $(19,910,000)

IDM PHARMA, INC.

CONDENSED CONSOLIDATED BALANCE SHEETS

(unaudited)

December 31, December 31,

2007 2006

ASSETS

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SOURCE IDM Pharma, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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