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InterMune Reports Fourth Quarter and Full Year 2008 Financial Results and Business Highlights
Date:2/26/2009

this amount, approximately 60% is attributed to pirfenidone which includes expenses for CAPACITY, RECAP, the preparation and support of NDA and MAA submissions and manufacturing.

Approximately 35% of the R&D expense is attributed to the company's one-third share of all development expenses incurred by the collaboration with Roche on ITMN-191. InterMune also is working to name a second-generation protease inhibitor under the Roche/InterMune collaboration. Roche is responsible for 100% of all R&D costs related to a second-generation protease inhibitor compound through Phase 1. After Phase 1, Roche pays two-thirds of all development costs related to the compound. The balance of 2009 R&D expense is related to the advancement of a named pirfenidone analog compound, ITMN-520, toward an expected IND filing in mid-2010.

G&A expense is anticipated to be in a range of approximately $35 to $40 million. The G&A guidance range includes approximately $5.0 million of various pirfenidone pre-marketing costs and a similar amount in legal fees associated with a Department of Justice (DOJ) action against a former InterMune executive covered by an indemnification agreement.

Other Expenses

InterMune will incur approximately $1 million in expenses recorded as Restructuring Charges related to a reduction in force in February 2009.

InterMune will pay a milestone of $13.5 million, which will be expensed as Acquired R&D and Milestone Expense in 2009, to Marnac and KDL in accordance with the pirfenidone purchase agreement and the company's decision to submit NDA and MAA filings on pirfenidone.

Other Uses of Cash in 2009

The company provided information to further guide investors on uses of cash in 2009.

According to the structure of the company's collaboration agreement with Roche, approximately $11.4 million of 2008 expenses on IT
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SOURCE InterMune, Inc.
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Related biology technology :

1. InterMune to Release Fourth Quarter, Full Year 2008 Financial Results on February 26
2. InterMune Announces Issuance of U.S. Patent for ITMN-191
3. InterMune Announces Pricing of Public Offering of 3,500,000 Shares of Common Stock
4. InterMune Reports Results of Two Phase 3 CAPACITY Studies of Pirfenidone in IPF
5. InterMune to Present at J.P. Morgan Healthcare Conference
6. InterMune to Present at Deutsche Bank Biotech Boston Confab
7. InterMune Reports Third Quarter 2008 Financial Results and Business Highlights
8. InterMune to Release Third Quarter 2008 Financial Results on November 6
9. InterMune Reports Japanese Regulatory Approval of Pirfenidone in IPF
10. InterMune to Present Four Abstracts on HCV Protease Inhibitor ITMN-191 at the AASLD Meeting
11. InterMune Earns Development Milestone in HCV Protease Inhibitor Collaboration With Roche
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