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EntreMed Reports Third Quarter 2010 Financial Results
Date:11/12/2010

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).ENTREMED, INC.SUMMARY OF OPERATING RESULTSThree Months EndedSeptember 30,2010

2009Total revenues

$
-

$ 3,668,333Research and development

1,291,721

2,326,969General and administrative

691,623

911,816Net (Loss) Income

(2,095,311)

84,914Net Loss per share (basic and diluted)

$
(.24)

$
(.02)attributable to common shareholdersWeighted average number of shares outstanding9,714,788

7,979,839(basic and diluted)Nine Months EndedSeptember 302010

2009Total revenues

$
-

$   3,668,333Research and development

3,146,802

5,939,903General and administrative

2,513,527

3,082,270Acquired in-process research and development

3,000,000

-Net Loss

(9,166,041)

(6,483,034)Net Loss per share (basic)

$
(1.09)

$
(0.91)attributable to common shareholdersWeighted average number of shares outstanding (basic)

9,098,380

7,977,197Cash and short-term investments

$ 8,432,703

$10,027,567CONTACT:Ginny Dunn EntreMed, Inc. Associate DirectorCorporate Communications & Investor Relations240-864-2643
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SOURCE EntreMed, Inc.
Copyright©2010 PR Newswire.
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