NovaDel Pharma Reports Financial Results for Third Quarter 2007

FLEMINGTON, N.J.--(BUSINESS WIRE)--NovaDel Pharma Inc. (AMEX: NVD), a specialty pharmaceutical company developing oral spray formulations for a broad range of marketed treatments, reported financial results for its third quarter ended September 30, 2007. For the quarter ended September 30, 2007, NovaDel reported a net loss of $2.4 million, or $0.04 cents per share, compared to a net loss of $5.3 million, or $0.09 cents per share, for the previous quarter ended June 30, 2007.

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