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Micromet, Inc. Reports First Quarter 2009 Financial Results
Date:5/6/2009

ndidates may be discovered upon further analysis of preclinical or clinical trial data, the risk that we or our collaborators will not obtain approval to market our product candidates, the risks associated with reliance on outside financing to meet capital requirements, and the risks associated with reliance on collaborators, including MedImmune, Merck Serono, TRACON and Nycomed, for the funding or conduct of further development and commercialization activities relating to our product candidates. These factors and others are more fully discussed in Micromet's Annual Report on Form 10-K for the year ended December 31, 2008, filed with the SEC on March 16, 2009, as well as other filings by the company with the SEC.

                                  (Tables Follow)



                                  Micromet, Inc.
                      Condensed Consolidated Balance Sheets
                         (In thousands, except par value)

                                                       March 31,  December 31,
                                                         2009          2008
                                                      (unaudited)
    Assets
    Current assets:
    Cash, cash equivalents and short-term investments   $45,123       $46,168
        Accounts receivable                               5,805         3,424
        Prepaid expenses and other current assets         1,297         1,950
    Total current assets                                 52,225        51,542
    Property and equipment, net                           3,102         3,322
    Goodwill                                              6,462         6,462
    Patents, net                                          4,427         5,250
    Other long-term assets                                  958           959
    Long-term investments                                 2,006             -
    Restricted cash                                       3
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SOURCE  Micromet, Inc.
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