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Vion Pharmaceuticals Reports 2009 Third Quarter and Nine-Month Results

Published in Law and Health Weekly, November 28th, 2009

VION PHARMACEUTICALS, INC. (BULLETIN BOARD: VION) announced financial results for the three-month and nine-month periods ending September 30, 2009.

For the third quarter of 2009, the Company reported a net loss of $6.2 million, or $0.78 per share, compared with a net loss of $6.8 million, or $0.92 per share, for the same 2008 period. Weighted-average common shares outstanding for the three-month periods ended September 30, 2009 and 2008 were 8.0 million and 7.4 million, respectively.

For the nine-month period, the net loss was $17.1 million, or $2.15 per share, compared with a net loss of $22.9 million, or $3.12 per share, for the same 2008 period....

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