Idenix Pharmaceuticals Reports Second Quarter and Six Month 2009 Financi...(----- ----- Idenix...)

Date:7/20/2009

----- ----- Total current assets 54,700 50,041 Intangible asset, net 11,806 12,387 Property and equipment, net 11,367 13,238 Marketable securities 1,584 3,145 Other assets 3,335 969 ----- --- Total assets $82,792 $79,780 ======= ======= LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) Accounts payable and accrued expenses $12,608 $13,136 Deferred revenue, related party 6,110 5,965 Other current liabilities 1,617 475 ----- --- Total current liabilities 20,335 19,576 Long-term obligations 33,411 17,061 Deferred revenue, related party, net of current portion 33,607 35,790 ------ ------ Total liabilities 87,353 72,427 Stockholders' equity (deficit) (4,561) 7,353 ------ ----- Total liabilities and stockholders' equity (deficit) $82,792 $79,780 ======= =======

    Idenix Pharmaceuticals' Contacts:
    Media: Teri Dahlman (617) 995-9905
    Investors: Amy Sullivan (617) 995-9838

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SOURCE Idenix Pharmaceuticals, Inc. Copyright©2009 PR Newswire. All rights reserved

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