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EntreMed Reports First Quarter 2011 Financial Results
Date:5/16/2011

e clinical development of any products; dependence on third parties; future capital needs; and risks relating to the commercialization, if any, of the Company's proposed products (such as marketing, safety, regulatory, patent, product liability, supply, competition and other risks). 

(Financial Table Attached)ENTREMED, INC.

SUMMARY OF OPERATING RESULTSThree Months EndedMarch 31,2011

2010Total revenues

$0

$0Research and development

$1,398,274

$843,953General and administrative

$1,253,105

$1,051,225Net Loss

$(2,596,379)

$(2,126,144)Net loss per share attributable to common shareholders (basic and diluted)$(0.25)

$(0.28)Weighted average number of shares outstanding (basic and diluted)  11,444,711

8,540,812Cash and Short-term Investments

$4,828,893

$9,691,834CONTACT:
Ginny Dunn
EntreMed, Inc.
Associate Director
Corporate Communications &
Investor Relations
(240) 864-2643


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SOURCE EntreMed, Inc.
Copyright©2010 PR Newswire.
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