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Angiotech Pharmaceuticals, Inc. announces financial results for the fourth quarter ended December 31, 2009
Date:3/3/2010

gn exchange (loss) gain(h) 385 1,032 1,612 (540) Acquisition related intangible asset amortization expense(e) 7,612 7,460 29,956 30,219 Losses on asset disposals(j) 288 544 360 668 Non-recurring charges related to product recall(k) 604 - 604 - Estimated tax impact of non-GAAP adjustments(l) (3,016) (3,629) (6,724) (19,919) ------------- ------------- ------------- ------------- Adjusted net loss (4,728) (2,621) (5,533) (18,207) ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- RECONCILIATION OF GAAP NET LOSS PER SHARE TO NON-GAAP ADJUSTED NET LOSS PER SHARE (Unaudited) Three months ended Year ended December 31, December 31, 2009 2008 2009 2008 ------------- ------------- ------------- ------------- GAAP - net loss per share $ (0.18) $ (0.90) $ (0.27) $ (8.71) Non recurring revenue(a) (0.00) (0.00) (0.30) (0.01) Technology acquisition related charge(c) 0.01 0.00 0.02 0.04 Non-recurring supply/ distribution agreement termination costs(b) 0.00 0.00 0.00 0.01 Non-recurring restructuring related charges(b) (0.00) 0.02 0.04
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SOURCE Angiotech Pharmaceuticals, Inc.
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