BELLEVUE, WA, May 7 /CNW/ - Oncothyreon Inc. (Nasdaq: ONTY) (TSX: ONY)
(the "Company") today reported a net loss of $5.1 million or $0.26 per basic
and diluted share for the quarter ended March 31, 2008, compared with
$4.7 million or $0.24 per basic and diluted share for the comparable period in
2007. All results are in U.S. dollars.