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Bionovo Announces Second Quarter 2009 Highlights and Financial Results
Date:8/10/2009

development 2,954 2,553 6,555 4,940 33,763 General and administrative 1,175 1,808 2,184 3,630 15,733 Merger cost - - - - 1,964 --- --- --- --- ----- Total operating expenses 4,129 4,361 8,739 8,570 51,460 ----- ----- ----- ----- ------ Loss from operations (4,122) (4,361) (8,732) (8,570) (50,561) Change in fair value of warrant liability - - - - 831 Interest income 16 190 70 496 2,061 Interest expense (22) (36) (55) (62) (421) Other expense (6) - (85) (19) (162) --- --- --- --- ---- Net loss $(4,134) $(4,207) $(8,802) $(8,155) $(48,252) ====== ===== ===== ===== ===== Basic and diluted net loss per common share $(0.05) $(0.06) $(0.12) $(0.11) $(1.09) ===== ===== ===== ===== ===== Shares used in computing basic and diluted net loss per share 76,363 76,344 76,363 76,344 44,393 ====== ====== ====== ====== ======


                                  Bionovo, Inc.
                          (A Development Stage Company)
                            Consolidated Balance Sheets
                         (in thousands, except share amounts)

                                                  June 30,     December 31,
                                                    2009           2008
                 
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SOURCE Bionovo, Inc.
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Related medicine technology :

1. Bionovo Announces Positive Developments in On-going Phase 1/2 Cancer Drug Trial
2. Bionovo Announces Publication of the Paper Detailing the Mechanism of Action of Its Cancer Drug BZL101
3. Bionovo Discovers New Estrogen Regulatory Elements for Breast Cancer and Osteoporosis Drugs
4. Bionovos Drug Candidate for Menopausal Symptoms Shows Effect on Neural Pathways Related to Temperature Regulation
5. Bionovo Elucidates Mechanism of Breast Cancer Control by Estrogen Receptor Beta
6. Bionovo Reports on Metabolic Studies Related to Its Menopausal Hot Flash Drug Candidate
7. Bionovos MF101 Shows Statistically Significant Improvement in Sleep Disturbance from Hot Flashes
8. Bionovos VG101 Shows Greater Efficacy Than Estrogen in the Treatment of Vaginal Dryness
9. Bionovo Advances BZL101 to Phase 2 Clinical Trials After Positive Phase 1 Results for Metastatic Breast Cancer
10. Bionovo Presents Positive Results from Phase 1B Trial of BZL101 for Metastatic Breast Cancer at the Society for Integrative Oncology
11. Bionovo Announces Development Plans for Menopausal Hot Flash Drug Candidate, Menerba (MF101), Following FDA Meetings
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