PLEASANTON, CA -- (MARKET WIRE) -- May 08, 2007 -- Lipid Sciences, Inc. (NASDAQ: LIPD) today reported financial results for the first quarter ended March 31, 2007. For the first quarter of 2007, the Company reported a net loss of $2.5 million, or $0.07 per share on a basic and diluted basis. This compares with a net loss of $3.0 million, or $0.11 per share, on a basic and diluted basis, for the same period in 2006.
