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YM BIOSCIENCES REPORTS FIRST QUARTER 2008 OPERATIONAL AND FINANCIAL RESULTS
Date:11/11/2007

2007 2007

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(Unaudited)

Assets

Current assets:

Cash and cash equivalents $ 20,615,398 $ 5,847,351

Short-term deposits 50,500,118 69,724,438

Accounts receivable 419,152 370,011

Prepaid expenses 280,877 347,010

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71,815,545 76,288,810

Capital assets 290,893 325,040

Intangible assets 4,860,815 5,125,950

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$ 76,967,253 $ 81,739,800

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Liabilities and Shareholders' Equity

Current liabilities:

Accounts payable $ 1,009,731 $ 1,169,211

Accrued liabilities 1,195,302 2,103,755

Deferred revenue 4,623,340 4,702,132

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6,828,373 7,975,098

Deferred revenue 7,881,759 8,929,900

Shareholders' equity:

Share capital 172,921,153 172,921,153

Share purchase warrants 4,553,308 4,553,308

Contributed surplus 6,703,710 5,657,082

Deficit acc
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SOURCE YM BioSciences Inc.
Copyright©2007 PR Newswire.
All rights reserved

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