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MAP Pharmaceuticals Reports Third Quarter of 2008 Financial Results
Date:11/12/2008

ectations based on risks and uncertainties affecting MAP Pharmaceuticals' business, including, without limitation, risks and uncertainties relating to the enrollment and conduct of clinical trials, as well as risks related to the failure to achieve favorable clinical outcomes and that MAP Pharmaceuticals' product candidates will not be approved for commercial use by the U.S. Food and Drug Administration. The reader is cautioned not to unduly rely on the forward-looking statements contained in this press release. MAP Pharmaceuticals expressly disclaims any intent or obligation to update these forward-looking statements, except as required by law. Additional information on potential factors that could affect MAP Pharmaceuticals' results and other risks and uncertainties are detailed in its Quarterly Report on Form 10-Q, filed with the SEC on August 13, 2008, and available at http://edgar.sec.gov .

MAP PHARMACEUTICALS, INC.

(a development stage enterprise)

CONDENSED CONSOLIDATED BALANCE SHEETS

(In thousands)

(Unaudited)

September 30, December 31,

2008 2007

Assets

Current assets:

Cash, cash equivalents and short-term

investments $63,021 $94,990

Other current assets 525 1,079

Total current assets 63,546 96,069

Property and equipment, net 4,927 4,183

Restricted cash 310 321

Other assets 27 122

Total assets
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SOURCE MAP Pharmaceuticals, Inc.
Copyright©2008 PR Newswire.
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