Cytokinetics, Inc. Reports First Quarter 2008 Financial Results

SOUTH SAN FRANCISCO, CA--(Marketwire - April 29, 2008) - Cytokinetics, Incorporated (NASDAQ: CYTK), reported revenues from research and development collaborations of $3.1 million for the first quarter of 2008. Net loss for the first quarter of 2008 was $13.9 million, or $0.28 per share. As of March 31, 2008, cash, cash equivalents, restricted cash and long-term investments totaled $128.8 million.
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