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Hollis-Eden Pharmaceuticals, Inc. (NASDAQ:HEPH), the world leader in the development of a new class of small molecule compounds based on endogenous steroid hormones, today reported on the Company's progress in its drug development programs in the areas of metabolic disorders, inflammatory conditions and cancer, and announced financial results for the second quarter of 2008.

Financial statement for the period 1 January 2008 to 30 June 2008

Carrying extra weight and getting little exercise increase a person’s risk of developing Type 2 diabetes, but those risk factors don’t inevitably mean you’ll develop the disease.

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Metabasis Therapeutics (Nasdaq: MBRX) announced that an oral presentation summarizing the results from the Company's Phase 2a clinical trial for MB07803 will be given at the World Congress on Controversies to Consensus in Diabetes, Obesity and Hypertension (CODHy), to be held in Barcelona, Spain, October 30 to November 2, 2008.

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