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Angiotech Pharmaceuticals, Inc. announces financial results for the fourth quarter ended December 31, 2008
Date:3/5/2009

passcode 36405359. A live webcast will be available to all interested parties through the Investors section of Angiotech's website: www.angiotech.com ANGIOTECH PHARMACEUTICALS, INC. CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) (in thousands of U.S.$, except Three months ended share and per share data) December 31, 2008 ------------------------------------------------------------------------- Reported Adjustments Adjusted REVENUE Royalty revenue $ 15,676 $ - $ 15,676 Product sales, net 46,054 - 46,054 License fees 352 (352) b - ------------------------------------------------------------------------- 62,082 (352) 61,730 ------------------------------------------------------------------------- EXPENSES License and royalty fees 2,774 - 2,774 Cost of products sold 23,622 - 23,622 Research and development 7,723 (776) d 6,947 Selling, general and administrative 21,381 (2,420) e 18,961 Depreciation and amortization 8,421 (7,460) f 961 In-process research and development - - - ------------------------------------------------------------------------- 63,921 (10,656) 53,265 ------------------------------------------------------------------------- Operating (loss) income (1,839) 10,304 8,465 ------------------------------------------------------------------------- Other income
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SOURCE Angiotech Pharmaceuticals, Inc.
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1. Angiotech Pharmaceuticals, Inc. announces new Senior Secured Term Loan and Credit Facilities
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3. Angiotech announces termination of note purchase agreement with Ares Management and New Leaf Venture Partners
4. Angiotech Announces Webcast and Call-in Numbers for Annual and Special General Meeting of Shareholders
5. Angiotech Announces Extension of the Expiration Date of its Tender Offer for Senior Floating Rate Notes Due 2013 and 7.75% Senior Subordinated Notes Due 2014
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7. Angiotech wins before the UK House of Lords
8. Angiotech to Establish Separate Operating and Royalty Businesses
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10. Angiotech announces market launch of Quill(TM) SRS MONODERM(TM)
11. Angiotechs corporate partner, Cook Medical, announces positive interim results for its Zilver(R) PTX(TM) clinical study
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