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ARIUS announces second quarter fiscal 2008 financial results
Date:7/11/2008

vestments (1,299,844) (10,240,605)

Maturity of short-term

investments 8,125,034 17,661,017

Leasehold inducements - -

Long-term investment - -

Acquisition of facilities

and equipment (61,346) (517,554)

Disposal of equipment - -

---------------------------------------------------------

6,763,844 6,902,858

Increase in cash & cash

equivalents 2,907,759 3,344,044

Cash & cash equivalents,

beginning of period 5,635,365 4,077,065

-----------------------------------------------------------

Cash & cash equivalents,

end of period 8,543,124 7,421,109

-----------------------------------------------------------

-----------------------------------------------------------

-------------------------------------------------------------------------

Cumulative

Three-month Three-month since

period ended period ended inception on

May 31, May 31, August 11,

2008 2007 1999

$ $ $

-------------------------------------------------------------------------

Cash provided by (used in):

Operating activities:

Loss for the period (3,816,937) (3,036,132) (38,934,651)

Items not involving cash:

Amortization of:

Facilities and equipment 94,993 85,064 1,466,178

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SOURCE ARIUS Research Inc.
Copyright©2008 PR Newswire.
All rights reserved

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Related biology technology :

1. ARIUS presents new findings for anti-cancer antibody programs at AACR
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3. ARIUS 2008 Annual and Special Meeting of Shareholders
4. ARIUS recognized for entrepreneurial excellence
5. ARIUS announces five abstracts selected for presentation at 2008 AACR Annual Meeting
6. ARIUS presents new findings showing therapeutic antibody inhibits human leukemic cancer stem cells
7. Laureate Announces Manufacturing Agreement with ARIUS for Trop-2 Targeting Antibody
8. ARIUS announces manufacturing Agreement with Laureate Pharma For Trop-2 targeting antibody
9. ARIUS announces fourth quarter and year-end fiscal 2007 financial results
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11. ARIUS to Hold Fourth Quarter and Year End 2007 Conference Call
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