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Aeolus Pharmaceuticals Announces First Quarter Fiscal Year 2008 Financial Results

Published in Medical Letter on the CDC and FDA, February 24th, 2008

Aeolus Pharmaceuticals, Inc. (OTCBB:AOLS) announced financial results for the three months ended December 31, 2007. The Company reported a net loss of $641,000, or $0.02 per share, compared to a loss of $949,000, or $0.03 per share, for the three months ended December 31, 2006, a decrease of 32%.

"The Company remains focused on research and development with studies underway to test AEOL 10150 as a protective agent against mustard gas exposure, to confirm AEOL 11207's potential as a treatment for Parkinson's disease, and to determine attractive candidates from our pipeline to address colitis and chronic obstructive pulmonary disease ("COPD"). We expect that these studies...

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