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Nile Therapeutics Reports 2010 Third Quarter Financial Results

,56439,025,384Loss from operations(1,812,736)(2,018,375)(5,250,567)(6,306,564)(38,543,149)Other income (expense):Interest income5,95415,19417,52635,767785,108Interest expense----(1,273,734)Other expense(2,711)(24,499)(2,793)(35,781)(102,762)Total other income (expense) 3,243(9,305)14,733(14)(591,388)Net loss$
(39,134,537)Basic and diluted loss per share$
(0.25)Weighted-average common shares outstanding34,563,07326,491,21131,338,96324,930,007Summary Balance Sheet Data(in thousands)September 30, 2010

December 31, 2009(unaudited)Cash and cash equivalents$

3,176Total assets$

3,620Stockholders' equity$


SOURCE Nile Therapeutics, Inc.
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