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

------------------ --------------------------- ------------------------ Adjusted EBITDA $ 12,580 5,946 $ 27,180 $ 15,325 -------------------- --------------------------- ------------------------ CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) As at June 30, December 31, (in thousands of U.S.$) 2009 2008 ------------------------------------------------------------------------- ASSETS Cash and short-term investments $ 52,315 $ 39,800 Accounts receivable 28,405 25,524 Inventories 38,761 38,594 Deferred income taxes 3,520 3,820 Other current assets 4,475 5,234 ------------------------------------------------------------------------- Total current assets 127,476 112,972 ------------------------------------------------------------------------- Long-term investments 1,561 1,561 Assets held for sale 8,463 8,422 Property and equipment, net 47,293 49,108 Intangible assets, net 183,230 195,477 Deferred financing costs 12,398 11,363 Other assets 1,899 6,294 ------------------------------------------------------------------------- Total assets $ 382,320 $ 385,197 ------------------------------------------------------------------------- -------------------------------------------------------------------------
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SOURCE Angiotech Pharmaceuticals, Inc.
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