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Halozyme Therapeutics Reports 2008 First Quarter Financial Results
Date:5/8/2008

nical trial data) that involve risk and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. The forward-looking statements are also identified through use of the words "believe," "enable," "may," "will," "could," "intends," "estimate," "anticipate," "plan," "predict," "probable," "potential," "possible," "should," "continue," and other words of similar meaning. Actual results could differ materially from the expectations contained in forward-looking statements as a result of several factors, including regulatory approval requirements and competitive conditions. These and other factors that may result in differences are discussed in greater detail in the company's reports on Forms 10-K, 10-Q, and other filings with the Securities and Exchange Commission.

Halozyme Contact Media Contact

David A. Ramsay Karen Sparks / Joleen Schultz

Chief Financial Officer Mentus

(858) 704-8260 (858) 455-5500, x275/x215

dramsay@halozyme.com karen@mentus.com

jschultz@mentus.com

HALOZYME THERAPEUTICS, INC.

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - UNAUDITED

FOR THE THREE MONTHS ENDED MARCH 31, 2008 AND 2007

Three Months Ended

March 31,

2008 2007

REVENUES:

Product sales $141,438 $187,086

Revenue under collaborative agreements 1,664,080 623,129

Total Revenues 1,805,518 810,215

OPERATING EXPENSES:

Cost of product
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SOURCE Halozyme Therapeutics, Inc.
Copyright©2008 PR Newswire.
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