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Trubion Pharmaceuticals, Inc. Reports Third Quarter and Nine Months 2009 Financial Results
Date:11/5/2009

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    (Tables Follow)



                                TRUBION PHARMACEUTICALS. INC.
                                   STATEMENTS OF OPERATIONS
                             (In thousands, except per share data)
                                       (unaudited)

                            Three months ended      Nine months ended
                               September 30,           September 30,
                             -----------------       -----------------
                              2009      2008         2009         2008
                              ----      ----         ----         ----

    Revenue                  $4,452   $3,766       $12,783      $12,197

    Operating expenses:
      Research and
       development            7,410    7,397        27,587       23,302
      General and
       administrative         3,146    2,987         8,877        8,985
                              -----    -----         -----        -----
        Total operating
         expenses            10,556   10,384        36,464       32,287
                             ------   ------        ------       ------
    Loss from
     operations              (6,104)  (6,618)      (23,681)     (20,090)
      Interest income             8      370           162        1,585
      Interest expense         (131)    (334)         (409)        (677)
                               ----     ----          ----         ----
    Net loss                $(6,227) $(6,582)     $(23,928)    $(19,182)
                            =======  =======      ========     ========

    Basic and diluted
     net loss per share      $(0.33)  $(0.37)       $(1.31)      $(1.07)
                             ======   ======        ======       ======

      Shares used in
       computation of basic
       and diluted n
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SOURCE Trubion Pharmaceuticals, Inc.
Copyright©2009 PR Newswire.
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