Cyclacel Pharmaceuticals, Inc. Reports First Quarter 2007 Financial Results and Corporate Highlights

BERKELEY HEIGHTS, N.J.--(BUSINESS WIRE)--Cyclacel Pharmaceuticals, Inc. (Nasdaq: CYCC) (Nasdaq: CYCCP) today reported financial and operating results for the first quarter of 2007. The company had a net loss in the quarter of $4.9 million or $0.27 per share. At the end of the first quarter of 2007, the company had $80.8 million in cash, cash equivalents and marketable securities.
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