Novacea Reports Second Quarter 2006 Financial Results

SOUTH SAN FRANCISCO, CA -- (MARKET WIRE) -- August 10, 2006 -- Novacea, Inc. (NASDAQ: NOVC) today reported financial results for the second quarter of 2006. The net loss for the second quarter of 2006 was $7.4 million, or $0.60 per share. As of June 30, 2006, cash, cash equivalents and marketable securities totaled $76.9 million.

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