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Westaim announces 2008 third quarter results
Date:11/12/2008

ion 2008 2007 2008 2007

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Revenue from continuing

operations

Nucryst Pharmaceuticals $ 5,466 $ 7,839 $ 15,428 $ 20,656

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(Loss) income from continuing

operations

Nucryst Pharmaceuticals $ (114) $ (2,479) $ (4,133) $ (7,980)

Other (including corporate

costs) (1,737) (6,294) 3,622 3,984

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Loss from continuing operations $(1,851) $ (8,773) $ (511) $ (3,996)

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Consolidated Balance Sheets September December

30, 2008 31, 2007

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Cash and cash equivalents $ 39,147 $ 30,993

Current assets 50,249 51,561

Other assets 23,211 31,826

Current liabilities 11,141 8,461

Shareholders' equity 44,989 56,371


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SOURCE Westaim Corporation
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