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Jazz Pharmaceuticals, Inc. Announces First Quarter 2008 Financial Results
Date:5/13/2008

ng the risk that study or clinical trial results may require Jazz Pharmaceuticals to discontinue the development of one or more product candidates; risks related to the uncertain and time-consuming regulatory approval process; and risks relating to the need for additional funds. These and other risk factors are discussed under "Risk Factors" in the Annual Report on Form 10-K for the year ended December 31, 2007 filed by Jazz Pharmaceuticals with the Securities and Exchange Commission on March 31, 2008. Jazz Pharmaceuticals undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events or changes in its expectations.

JAZZ PHARMACEUTICALS, INC.

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(In thousands, except per share amounts)

(Unaudited)

Three Months Ended March 31,

2008 2007

Revenues:

Product sales, net $13,984 $11,625

Royalties, net 365 211

Contract revenues 285 2,252

Total revenues 14,634 14,088

Operating expenses:

Cost of product sales (excluding

amortization of acquired developed

technology) 2,298 2,003

Research and development 21,243 14,867

Selling, general and administrative 32,780 14,339

Amortization of intangible assets 2,121 2,362

Total operating expenses 58,442 33,571

Loss from operations
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SOURCE Jazz Pharmaceuticals, Inc.
Copyright©2008 PR Newswire.
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