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CV Therapeutics Reports 2008 First Quarter Financial Results
Date:4/25/2008

(1,639) 877

Net loss $(31,899) $(55,056)

Basic and diluted net loss per share $(0.53) $(0.93)

Shares used in computing basic and

diluted net loss per share 60,556 58,953

CONDENSED CONSOLIDATED BALANCE SHEET

(in thousands)

(unaudited)

March 31, December 31,

2008 2007

Assets:

Cash, cash equivalents, and marketable

securities $148,563 $174,245

Other current assets 38,973 41,825

Total current assets 187,536 216,070

Property and equipment, net 18,205 19,131

Other assets 22,281 23,635

Total assets $228,022 $258,836

Liabilities and stockholders' deficit:

Current liabilities $31,625 $39,183

Convertible subordinated notes 399,500 399,500

Other long-term obligations 5,010 5,551

Stockholders' deficit (208,113) (185,398)

Total liabilities and stockholders' deficit $228,022 $258,836


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SOURCE CV Therapeutics, Inc.
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