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Mast Therapeutics Reports First Quarter 2013 Financial Results
Date:5/15/2013

ss releases and periodic filings with the Securities and Exchange Commission. The Company's public filings with the Securities and Exchange Commission are available at www.sec.gov.

You are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date when made. Mast Therapeutics does not intend to revise or update any forward-looking statement set forth in this press release to reflect events or circumstances arising after the date hereof, except as may be required by law.

[Tables to Follow]

 Mast Therapeutics, Inc(A Development Stage Enterprise)Condensed Consolidated Statements of Operations(In thousands except per share data)Three months endedMarch 31,(Unaudited)20132012Total net revenue

$
8212;

$
8212;Operating expenses:Research and development

3,443

2,210Selling, general and administrative

2,113

2,045Transaction-related expenses

27

(114)Depreciation and amortization

10

30Total operating expenses

5,593

4,171Loss from operations

(5,593)

(4,171)Interest and other income, net

12

18Net loss

$
(5,581)

$
(4,153)
Net loss per share – basic and diluted

$
(0.12)

$
(0.09)
Weighted average shares – basic and diluted

46,265

47,716 Mast Therapeutics, Inc(A Development Stage Enterprise)Balance Sheet Data(In thousands)March
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SOURCE Mast Therapeutics, Inc.
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