Affymax, Inc. Reports Second Quarter 2007 Financial Results

PALO ALTO, Calif.--(BUSINESS WIRE)--Affymax, Inc. (Nasdaq:AFFY) today reported financial results for the second quarter ended June 30, 2007. The net loss for the second quarter of 2007 was $9.2 million compared to a net loss of $27.8 million for the second quarter of 2006. The net loss for the first six months of 2007 was $16.4 million compared to a net loss of $34.5 million for the first six months of 2006.

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