EXHIBIT 11 CYTOCLONAL PHARMACEUTICS INC. COMPUTATION OF NET (LOSS) PER COMMON SHARE (unaudited) THREE MONTHS THREE MONTHS ENDED ENDED MARCH 31, MARCH 31, 1997 1998 ------------ ------------ Net (loss) $(738,000) $(790,000) Add cumulative preferred dividend (78,000) (61,000) --------- --------- NET (LOSS) USED FOR COMPUTATION $(816,000) $(851,000) Weighted average number of common shares outstanding - basic and diluted loss per share 7,934,000 8,849,000 --------- --------- Basic and diluted loss per common share $(0.10) $(0.10)