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Amicus Therapeutics Announces Third Quarter 2007 Financial Results
Date:10/31/2007

micus undertakes no obligation to revise or update this news to reflect events or circumstances after the date hereof.

Table 1

Amicus Therapeutics, Inc.

(a development stage company)

Consolidated Statements of Operations

(Unaudited)

(In thousands, except share and per share amounts)

Period from

February 4, 2002

Three Months Nine Months (inception)to

Ended September 30, Ended September 30, September 30,

2006 2007 2006 2007 2007

Operating Expenses:

Research and

development $6,725 $7,537 $19,444 $21,404 $80,208

General and

administrative 3,783 3,954 8,247 9,994 32,786

Impairment of

leasehold

improvements - - - - 1,030

Depreciation and

amortization 245 315 661 924 2,481

In-process research

and development - - - - 418

Total operating

expenses 10,753 11,806 28,352 32,322 116,923

Loss from

operations (10,753) (11,806) (28,352) (32,322) (116,923)

Other income

(expenses):

Interest income 519 1,593 1,204 3,346 6,154

Interest expense (75) (90) (200) (269) (1,351)

Change in fair value

of warrant

liability (154) - (27) (149) (454)

Other expense (1,180) - (1,180) - (1,182)

Loss before tax'/>"/>

SOURCE Amicus Therapeutics
Copyright©2007 PR Newswire.
All rights reserved

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