Novacea, Inc. Reports First Quarter 2007 Financial Results

SOUTH SAN FRANCISCO, CA -- (MARKET WIRE) -- May 14, 2007 -- Novacea, Inc. (NASDAQ: NOVC) today reported financial results for the first quarter of 2007. The company's net loss for the first quarter of 2007 was $10.6 million, or $0.46 per share. As of March 31, 2007, cash, cash equivalents and marketable securities totaled $56.8 million.
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