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Human Genome Sciences Announces Fourth Quarter and Full Year 2007 Financial Results and Recent Progress
Date:2/25/2008

e Sciences undertakes no obligation to update or revise the information contained in this announcement whether as a result of new information, future events or circumstances or otherwise.

(See selected financial data on following pages)

HUMAN GENOME SCIENCES, INC.

CONSOLIDATED STATEMENTS OF OPERATIONS

Three months ended Twelve months ended

December 31, December 31,

2007 2006 2007 2006

(dollars in thousands, except share and

per share amounts)

Revenue - R&D contracts $12,526 $10,011 $41,851 $25,755

Costs and expenses:

Research and development

(a) 87,312 48,527 245,745 209,242

General and administrative

(b) 16,125 13,959 55,874 53,101

Facility-related and

restructuring charges - 12,670 (3,673) 29,510

Total costs and

expenses 103,437 75,156 297,946 291,853

Income (loss) from

operations (90,911) (65,145) (256,095) (266,098)

Net investment income

(expense) (1,982) (1,799) (6,353) 166

Gain on sale of investment - - - 14,759

Income (loss) before taxes $(92,893) $(66,944) $(262,448) $(251,173)

Provision for income taxes - - - -

Net income (loss) $(92,893) $(66,944) $(262,448) $(251,173)

Net income (loss) per share,

basic and diluted $(0.69) $(0.50) $(1.95) $(1.91)

Weighted average shares

outstanding, basic &

dilute
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SOURCE Human Genome Sciences, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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