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Celsion Corporation Reports Year End 2012 Financial Results and Provides Business Update
Date:3/18/2013

n>Pisa, the UCLA Department of Medicine, the Kyungpook National University Hospital, the Beijing Cancer Hospital and the University of Oxford.  For more information on Celsion, visit our website: http://www.celsion.com.

Celsion wishes to inform readers that forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995.  Readers are cautioned that such forward-looking statements involve risks and uncertainties including, without limitation, unforeseen changes in the course of research and development activities and in clinical trials by others; termination of the Technology Development Contract or collaboration between Celsion and HISUN at any time; possible acquisitions of other technologies, assets or businesses; possible actions by customers, suppliers, competitors, regulatory authorities; and other risks detailed from time to time in the Celsion's periodic reports and prospectuses filed with the Securities and Exchange Commission.

Investor Contact
Jeffrey W. Church
Sr. Vice President – Corporate
Strategy and Investor Relations
609-482-2455
jchurch@celsion.com Celsion CorporationCondensed Statements of Operations 

(in thousands except per share amounts)Year ended December 31,20122011Licensing revenue$

-

$

2,000Operating expenses: Research and development15,77019,864General and administrative 6,3735,155 Total operating expenses 22,14325,019 

Loss from operations (22,143)(23,019)Other income (expense): (Loss) gain from valuation of common stock warrant liability(4,118)82Interest, dividends and other income (expense), net(307)(286)Total other income (expense), net(4,425)(204) 

Net Loss$

(26,568)

$

(23,223)N
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SOURCE Celsion Corporation
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