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BioMS Medical Announces 2008 Year End Results
Date:3/17/2009

,921 Amortization of licensing costs 11,755 1,472 1,472 Amortization of property and equipment 517 125 134 Loss on disposal of property and equipment 11 11 - ------------ -------- -------- (118,881) 3,343 (43,681) Net change in non-cash working capital items Goods and services tax recoverable (299) 185 (28) Prepaid and other current assets (2,548) 734 (571) Advanced clinical trial costs (790) 1,186 (1,976) Accounts payable and accrued liabilities 9,151 (601) 933 Deferred revenue 45,605 45,605 - ------------ -------- -------- (67,762) 50,452 (45,323) ------------ -------- -------- Investing activities Purchase of property and equipment (1,045) (323) (109) Net (purchase of) proceeds from short-term investments (2,614) (86) 3,149 Licensing costs (6,467) - - ------------ -------- -------- (10,126) (409) 3,040 ------------ -------- -------- Financing activities Proceeds from issuance of share capital 178,729 91 44,512 Repurchase of share capital (3,552) (1,434) (36) Share issue costs (12,312) - (3,332)
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