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Biotech / Medical : Sonus Pharma (SNUS) ? Opinions

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To: Oliver Ruppert who started this subject1/16/2001 11:05:34 AM
From: thomas a. burke   of 384
 
SNUS is trading at book value and well below cash on hand. Today's news represents .21 per share in revenues and possibly more with royalties. It appears to me that SNUS has enough cash on hand and is beginning to generate licensing fees. Could be the beginning of a nice cycle for them. Here is an update on the company:

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Financial Summary
Sonus Pharmaceuticals is engaged in the research and development of drug delivery systems and oxygen
delivery products based on its emulsion and surfactant technology. For the nine months ended 9/30/00,
revenues decreased 99% to $113 thousand. Net loss totaled $2.3 million vs. income of $2.4 million.
Revenues reflect no payments from collaborative agreements. Net loss reflects the absence of $10 million
license payment from Nycomed Amersham.

Share-Related Items
Market Capitalization
$8.02M
Shares Outstanding
9.16M
Float
5.20M

Per-Share Data
Book Value (mrq)
$0.91
Earnings (ttm)
-$0.47
Earnings (mrq)
-$0.24
Sales (ttm)
$0.01
Cash (mrq)
$1.67

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Tom B.
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