Exhibit 11
CYTOCLONAL PHARMACEUTICS INC.
COMPUTATION OF NET (LOSS) PER COMMON SHARE
(unaudited)
Primary
Three Months Three Months
Ended Ended
March 31, March 31,
1996 1997
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Net (loss) ($657,000) ($738,000)
Add cumulative preferred dividend (345,000) (78,000)
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NET (LOSS) USED FOR COMPUTATION ($1,002,000) ($816,000)
Weighted average number of common shares outstanding 7,569,918 7,934,488
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Net (loss) per common share ($0.13) ($0.10)
11