Exhibit 11.1 Endogen, Inc. Computation of Earnings Per Share Year ended May 31, 1994 1995 1996 Primary earnings per share: Weighted average number of shares outstanding 2,592,600 2,649,920 2,835,697 Shares deemed outstanding from the assumed exercise of stock options and warrants -- 142,309 -- ----------- ----------- ----------- Total 2,592,600 2,792,229 2,835,697 =========== =========== =========== Net income (loss) applicable to common shares $ (370,089) $ 24,302 $ (700,539) =========== =========== =========== Primary earnings (loss) per share of common stock $ (0.14) $ 0.01 $ (0.25) =========== =========== ===========