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Helix BioPharma Corp. Announces Fiscal Q1 2010 Results
Date:12/9/2009

--- --- 1,020 1,119 Expenses: Cost of sales 418 447 Research and development 2,925 1,641 Operating, general and admin 677 1,060 Sales and marketing 261 250 Amortization of capital assets 98 64 Amortization of intangible assets - 3 Stock-based compensation 160 - Interest income (14) (205) Foreign exchange loss (gain) (42) 150 --- --- 4,483 3,410 Loss before income taxes (3,463) (2,291) Income taxes 10 30 --- --- Loss for the year (3,473) (2,321) ====== ====== Loss per share: Basic (0.06) (0.05) Diluted (0.06) (0.05)



Consolidated Statements of Cash Flows
for the three month period ended October 31
(thousand $, except for per share data)
---------------------------------------


                                      2009     2008
                                      ----     ----
Cash provided by (used in):

Loss for the year                   (3,473) (2,321)
Items not involving cash:
  Amortization of capital assets        98       64
  Amortization of intangibles            -        3
  Deferred lease credit                 (8)       -
  Stock-based compensation             160        -
  Foreign exchange loss (gain)         (42)     150
                                       ---      ---
                                    (3,265)  (2,104)
Change in non-cash
 working capital                       917      486
                                      
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SOURCE Helix BioPharma Corp.
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