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Emisphere Technologies, Inc. Announces 2007 Third Quarter Financial Results
Date:11/6/2007

d in Emisphere's filings with the Securities and Exchange Commission, including those factors discussed under the caption "Risk Factors" in Emisphere's Annual Report on Form 10-K (file no. 000-17758) filed on March 6, 2007, and our Quarterly Report on Form 10-Q for the quarter ended March 31, 2007, filed on May 7, 2007 (file no. 000-17758) and for the quarter ended June 30, 2007, filed on August 7, 2007 (file No. 000-17758).

EMISPHERE TECHNOLOGIES, INC.

Condensed Statements of Operations (Unaudited)

For the Three and Nine Months ended September 30, 2007 and 2006

(in thousands, except share and per share data)

For the three months ended For the nine months ended

September 30, September 30,

2007 2006 2007 2006

Revenue $ 571 $60 $3,778 $6,976

Costs and expenses:

Research and

development 5,364 4,790 16,848 14,165

General and

administrative

expenses 3,412 3,039 11,196 8,654

Depreciation and

amortization 232 922 815 2,884

Total costs and expenses 9,008 8,751 28,859 25,703

Income from settlement of

lawsuit

Proceeds from settlement

of lawsuit 18,000 - 18,000 -

Expenses from settlement

of lawsuit (6,110) - (6,110) -

Income from settlement

of lawsuit, net 11,890 - 11,890 -

Operating income (loss) 3,453 (8,691) (13,191) (18,727)

Other income and (expense):

Beneficial conversion

of convertible security - - - (12,215)


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SOURCE Emisphere Technologies, Inc.
Copyright©2007 PR Newswire.
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