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InterMune Reports Second Quarter 2009 Financial Results and Business Highlights
Date:8/6/2009

June 30 June 30 ------- ------- 2009 2008* 2009 2008* ---- ---- ---- ---- Revenue, net Actimmune $7,110 $7,296 $13,142 $15,792 Collaboration revenue 818 818 1,636 1,636 --- --- ----- ----- Total revenue, net 7,928 8,114 14,778 17,428 Costs and expenses: Cost of goods sold 1,860 2,492 4,718 5,863 Research and development 22,930 25,395 47,357 52,410 General and administrative 8,519 7,091 16,995 14,539 Acquired research and development milestone - - 13,500 - Restructuring charges 127 - 740 - --- --- --- --- Total costs and expenses 33,436 34,978 83,310 72,812 Loss from operations (25,508) (26,864) (68,532) (55,384) Interest income 498 1,272 1,167 3,432 Interest expense (2,487) (3,657) (5,220) (7,096) Loss on extinguishment of debt (9,540) (1,294) (9,540) (1,294) Other income (expense) 377 987 5,647 1,268 --- --- ----- ----- Loss from continuing operations before income taxes (36,660) (29,556) (76,478) (59,074) Income tax expense/(benefit) - - 2,194 (325) --- --- ----- ---- Loss from conti
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