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Biopure Announces 2007 Third Quarter Financial Results
Date:8/23/2007

uarterly report on Form 10-Q filed on June 14, 2007, which can be accessed in the EDGAR database at the U.S. Securities and Exchange Commission's (SEC) website, http://www.sec.gov. The company undertakes no obligation to release publicly the results of any revisions to these forward-looking statements to reflect events or circumstances arising after the date hereof. A full discussion of the company's operations and financial condition can be found in the company's filings with the SEC.

The content of this release does not necessarily reflect the position or the policy of the U.S. Government or the Department of Defense, and no official endorsement should be inferred.

Contact: Todd Wood Herb Lanzet (Investors)

Biopure Corporation H.L. Lanzet Inc.

(617) 234-6576 (212) 888-4570

IR@biopure.com lanzet@aol.com

BIOPURE CORPORATION

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(In thousands, except per share data)

(Unaudited)

Three Months Ended Nine Months Ended

July 31 July 31

2007 2006 2007 2006

Total revenues $550 $396 $1,763 $1,284

Cost of revenues 3,089 2,939 9,026 9,351

Gross loss (2,539) (2,543) (7,263) (8,067)

Operating expenses:

Research and

development 1,618 1,772 5,397 5,112

Sales and marketing 341 197 1,099 524

General and

administrative 2,107 2,239 6,365 6,826

Total operating

expenses 4,06
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SOURCE Biopure Corporation
Copyright©2007 PR Newswire.
All rights reserved

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