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Angiotech Pharmaceuticals, Inc. announces financial results for the second quarter ended June 30, 2009
Date:8/6/2009

Six months Six months ended ended Jun 30, 2009 Jun 30, 2008 ---------------------------- Stock-based compensation $ (592) $ (924) Termination and reorganization costs (1,266) (2,755) Litigation expenses (2,241) (2,289) Non-recurring transaction fees, and supply/distribution agreement termination costs (1,032) (751) --------------------------------------------------------------------- $ (5,131) $ (6,718) ---------------------------- e. Amortization of acquisition related intangible assets and medical technologies. f. Non-recurring in-process research and development expense relating to payments made to licensors and collaborators. g. Foreign exchange fluctuations on foreign currency net monetary assets. h. Loss on write-down of deferred financing charges and realized loss on disposition of capital assets. i. Loss on write-down of investments related to two available-for-sale equity securities that had been trading below carrying value for a prolonged period of time. j. Amortization of deferred financing costs. k. Tax effects of adjustments a. through j. for the period. ANGIOTECH PHARMARCEUTICALS, INC. CALCULATION OF ADJUSTED EBITDA (unaudited) Three months Six months (in thousands ended June 30, ended Jun
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SOURCE Angiotech Pharmaceuticals, Inc.
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