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Rigel Announces Third Quarter 2007 Financial Results
Date:11/6/2007

$(0.61) $(0.46) $(1.96) $(0.89)

Weighted average shares used in

computing net loss per share,

basic and diluted 31,030 24,987 28,211 24,882

Note A

Stock-based compensation expense

included in:

Research and development $1,294 $1,734 $4,212 $5,198

General and administrative 1,500 1,715 4,909 4,939

$2,794 $3,449 $9,121 $10,137

SUMMARY BALANCE SHEET DATA

(in thousands)

September 30, December 31,

2007 2006(1)

(unaudited)

Cash, cash equivalents and

available for sale securities $112,500 $104,471

Total assets 119,684 113,240

Stockholder's equity 94,319 87,229

(1) Derived from audited financial statements


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SOURCE Rigel Pharmaceuticals, Inc.
Copyright©2007 PR Newswire.
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