InterMune Reports Third Quarter 2008 Financial Results and Business ...(neral and administrative ...)

administrative 7,879 6,380 22,465 22,966

Acquired research and

development milestone - 7,500 - 7,500

Restructuring charges - 317 - 10,246

Total costs and

expenses 35,236 41,126 108,048 133,596

Loss from operations (11,913) (29,755) (67,297) (76,531)

Interest income 1,212 2,510 4,644 7,754

Interest expense (1,520) (726) (4,101) (2,185)

Other income (expense) 18 (196) 1,286 2,326

Loss from continuing

operations before income

taxes (12,203) (28,167) (65,468) (68,636)

Income tax expense 325 - - -

Loss from continuing

operations (12,528) (28,167) (65,468) (68,636)

Discontinued operations:

Income (loss) from

discontinued operations (3) 5,043 71 4,915

Net loss $(12,531) $(23,124) $(65,397) $(63,721)

Basic and diluted loss per

share:

Continuing operations $(0.32) $(0.81) $(1.68) $(1.99)

Discontinued operations - 0.15 - 0.14

Net loss per share $(0.32) $(0.66) $(1.68) $(1.85)

Shares used in computing

basic and diluted net loss

per share 39,031 34,801 38,954 34,394

InterMune, Inc.

PRELIMINARY CONDENSED CONSOLIDATED BALANCE SHEETS

(unaudited, in thousands)

Sept 3
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