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NUCRYST Pharmaceuticals announces 2007 third quarter results

8,451 2,306

Non-current liabilities 747 -

Shareholders' equity 42,669 43,586

----------------------- ------------------------ ------------------------

Three Months Ended Nine Months Ended

Condensed Consolidated September 30 September 30

Statements of ------------------------ ------------------------

Operations 2007 2006 2007 2006

----------------------- ------------------------ ------------------------

Wound care product

revenue $ 5,900 $ 7,309 $ 17,232 $ 19,830

Manufacturing cost

rebate (3,375) - (3,375) -

Milestone revenue 5,000 - 5,000 -

------------------------ ------------------------

Total revenue $ 7,525 $ 7,309 $ 18,857 $ 19,830

Manufacturing costs $ 3,841 $ 4,985 $ 10,975 $ 13,303

Gross margin

excluding milestone

revenue $ (1,316) $ 2,324 $ 2,882 $ 6,527

Gross margin percent

excluding milestone

revenue -52.1% 31.8% 20.8% 32.9%

SOURCE NUCRYST Pharmaceuticals Corp.
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