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ADVENTRX Reports Third Quarter Financial Results
Date:11/8/2010

or ADVENTRX to enter into a merger or other business combination in connection with a new product candidate acquisition resulting in a successor entity that focuses its resources on developing products or product candidates other than ADVENTRX's existing product candidates; and other risks and uncertainties more fully described in ADVENTRX's press releases and periodic filings with the Securities and Exchange Commission. ADVENTRX's public filings with the Securities and Exchange Commission are available at www.sec.gov.

You are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date when made. ADVENTRX does not intend to revise or update any forward-looking statement set forth in this press release to reflect events or circumstances arising after the date hereof, except as may be required by law. [Tables to Follow]ADVENTRX Pharmaceuticals, Inc.(A Development Stage Enterprise)Summary Consolidated Financial Information(In 000s except for per share data)Consolidated Statement of Operations Data*:Three Months Ended September 30,Nine Months Ended September 30,2010200920102009(unaudited)(unaudited)(unaudited)(unaudited)Revenues

$
-$
-$
-$
300Operating expenses:Research and development

9181,4442,7914,546Selling, general and administrative

9458933,4233,744Depreciation and amortization

5121770Total operating expenses

1,8682,3506,2318,361Loss from operations

(1,868)(2,350)(6,231)(8,061)Interest / Other income (expense)

24(3)64(44)Net loss

(1,844)(2,353)(6,166)(8,105)Deemed dividends on preferred stock

-(376)(5,640)(1,609)Net Loss applicable to common stock

$
(1,844)$
(2,729)$
(11,806)$
(9,714)Net loss per share – basic and diluted

$
(0.13)$
(0.57)$
(0.94)$
(2.40)Weighted average shares – basic and diluted

14,7014,77912,5944,046*Share and per share information r
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SOURCE ADVENTRX Pharmaceuticals, Inc.
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4. ADVENTRX Announces Completion of Patient Enrollment in Phase 2 Clinical Trial of CoFactor(R) for the Treatment of Advanced Breast Cancer
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