Transition Therapeutics Announces First Quarter Fiscal 2009 Financi...(90847814 94875961 ----------------...),Health
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Transition Therapeutics Announces First Quarter Fiscal 2009 Financial Results
Date:11/10/2008
90,847,814 94,875,961
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CONSOLIDATED STATEMENTS OF LOSS AND COMPREHENSIVE LOSS
(Unaudited)
Three-month Three-month
period ended period ended
September 30, September 30,
2008 2007
$ $
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REVENUES
Licensing fees - 32,811
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- 32,811
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EXPENSES
Research and development 3,782,048 2,765,799
General and administrative 1,548,098 1,332,181
Amortization 791,229 659,318
Foreign exchange gain (685,249) (29,030)
Loss on disposal of capital assets 10,294 -
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5,446,420 4,728,268
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Loss before the following: (5,446,420) (4,695,457)
Interest income from held-to-maturity
investments 413,624 596,479
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