Angiotech Pharmaceuticals, Inc. announces financial results for the fourth quarter ended Decembe...((6035) 10962 4927 ------...)

Date:3/5/2009

(6,035) 10,962 4,927 ------------------------------------------------------------------------- Other income (expenses): Foreign exchange gain (loss) 173 (173) h - Investment and other income 511 155 i 666 Interest expense on long-term debt (12,774) 558 j (12,216) Write-down and other deferred financing charges - - - Write-down / loss on redemption of investments - - - Write-down of assets held for sale - - - Write-down of goodwill - - - ------------------------------------------------------------------------- ------------------------------------------------------------------------- (12,090) 540 (11,550) ------------------------------------------------------------------------- ------------------------------------------------------------------------- (Loss) income from continuing operations before income taxes (18,125) 11,502 (6,623) Income tax (recovery) expense 6,788 3,626 o 10,414 ------------------------------------------------------------------------- ------------------------------------------------------------------------- (Loss) income from continuing operations (24,913) 7,876 (17,037) Net loss from discontinued operations, net of income taxes (2,946) 2,946 - ------------------------------------------------------------------------- Net (loss) income for the period $ (27,859) $ 10,822 $ (17,037) ------------------------------------------------------------------------- Basic
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