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Idenix Pharmaceuticals Reports Fourth Quarter and Year End 2010 Financial Results
Date:2/28/2011

)(12,818)(62,726)(54,434)Other income, net

4194751,1311,266Loss before income taxes

(16,201)(12,343)(61,595)(53,168)Income tax benefit (expense)

443140(51)Net loss

$(16,157)$(12,312)$(61,555)$(53,219)Basic and diluted net loss per share:


($0.22)

($0.19)

($0.87)

($0.87)
Shares used in calculation of basic and diluted net loss per share:  


73,011

,357

70,715

,498
(1) Share-based compensation expenses included in operating expenses amounted to approximately:Research and development

$
272$
336$
,214$
,546General and administrative

3,2537245,2033,068IDENIX PHARMACEUTICALS, INC.CONDENSED CONSOLIDATED BALANCE SHEETS (IN THOUSANDS) (UNAUDITED) December 31,

2010December 31,

2009ASSETSCash and cash equivalents

Receivables from related party

Other current assetsTotal current assets

Intangible asset, net

Property and equipment, net

Marketable securities

Other assetsTotal assets

$   46,115

8402,535

49,490

9,843

7,179<
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SOURCE Idenix Pharmaceuticals, Inc.
Copyright©2010 PR Newswire.
All rights reserved

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