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Labopharm Reports Results for First Quarter Fiscal 2008
Date:5/8/2008

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(Thousands of Canadian dollars) $ $

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OPERATING ACTIVITIES

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Net loss for the period (9,692) (6,499)

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Items not affecting cash:

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Depreciation of property, plant and equipment 455 414

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Amortization of intangible assets 70 58

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Amortization of premium or discounts on

marketable securities 14 74

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Impairment loss on long-term investment 691 -

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Non-cash financial expenses 95 41

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Unrealized foreign exchange gain (241) (12)

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Stock-based compensation 884 1,506

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(7,724) (4,418)

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SOURCE Labopharm Inc.
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