Jazz Pharmaceuticals, Inc. Announces First Quarter 2008 Financi... ((43808) (19483) Interest ...)

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Jazz Pharmaceuticals, Inc. Announces First Quarter 2008 Financial Results

Date:5/13/2008

(43,808) (19,483)

Interest income 897 1,091

Interest expense (3,787) (3,268)

Other expense (12) (3,069)

Gain on sale of product rights - 5,145

Net loss $(46,710) $(19,584)

Net loss per share, basic and

diluted $(1.97) $(851.48)

Weighted-average common shares used

in computing net loss per share, basic

and diluted 23,743 23

JAZZ PHARMACEUTICALS, INC.

SUMMARY OF PRODUCT SALES, NET

(In thousands)

(Unaudited)

Three Months Ended March 31,

2008 2007

Xyrem $11,341 $8,624

Antizol 2,643 2,636

Cystadane - 365

Total $13,984 $11,625

JAZZ PHARMACEUTICALS, INC.

CONDENSED CONSOLIDATED BALANCE SHEETS

(In thousands)

(Unaudited)

March 31, December 31,

2008 2007

ASSETS

Current assets:

Cash and cash equivalents $100,771 $102,945

Restricted cash 1,998 1,939

Mar
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SOURCE Jazz Pharmaceuticals, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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