Financial Profile

Discovery Laboratories, Inc. (DSCO:NASDAQ) is a bio-pharmaceutical company whose mission is to develop and commercialize medically novel therapeutics for critical care.
Approximate Employees: 36
FYE 12/31
2001
2000
1999
1998
Net Revenues ($000)
1,112
741
334
421
Net Income ($000)
(11,146)
(10,861)
(4,958)
(15,645)
Shareholders Equity ($000)
17,623
16,436
3,108
4,052
Shareholders Equity/Share
0.80
0.87
0.41
1.04
Earnings per share
(0.51)
(0.58)
(0.66)
(4.02)
Shares Outstanding (000)
22,038
18,806
7,545
3,896

Company reported for the second quarter ended 6/30/02 a net loss of $(4,287,000) or $(0.16) per share on revenues of $783,000 vs. a net loss of $(2,355,000) or $(0.11) per share on revenues of $262,000 for the same period last year.

Company reported for the six months ended 6/30/02 a net loss of $(7,657,000) or $(0.29) per share on revenues of $1,020,000 vs. a net loss of $(4,415,000) or $(0.21) per share on revenues of $718,000 for the same period last year.

COMPANY CONTACT: Evan Myrianthopoulos, Vice President of Finance;
(212) 564-3639 or (215) 340-4699 ext. 113
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