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Micromet Reports Fourth Quarter and Full Year 2009 Financial Results
Date:3/4/2010

Loss from operations for the year ended December 31, 2009 was $49.4 million, compared to a $26.1 million loss from operations in 2008.

For the year ended December 31, 2009, Micromet reported a net loss of $57.7 million, or $0.98 per basic and diluted common share, compared to a net loss of $33.2 million, or $0.77 per basic and diluted common share, for 2008. The net loss for the year ended December 31, 2009 includes a non-cash charge of $8.0 million, reflecting an increase during the year in the fair value of outstanding warrants, compared to a $8.1 million non-cash charge for this item in the year ended December 31, 2008.

Net cash used in operating activities was $8.9 million for the year ended December 31, 2009 compared to $15.7 million used in operating activities for 2008. Micromet's cash, cash equivalents and short-term investments were $117.6 million as of December 31, 2009.  


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