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Keryx Biopharmaceuticals, Inc. Announces Third Quarter 2012 Financial Results
Date:11/7/2012

press release speak only as of the date of this press release. We do not undertake to update any of these forward-looking statements to reflect events or circumstances that occur after the date hereof. This press release and prior releases are available at http://www.keryx.com. The information found on our website is not incorporated by reference into this press release and is included for reference purposes only.

KERYX CONTACT:
Lauren Fischer
Director – Investor Relations
Keryx Biopharmaceuticals, Inc.
Tel: 212.531.5965
E-mail: lfischer@keryx.com

  

Keryx Biopharmaceuticals, Inc.Selected Consolidated Financial Data(In Thousands, Except Share and Per Share Amounts) Statements of Operations Information (Unaudited):Three Months Ended September 30,Nine Months Ended September 30,2012201120122011REVENUE:License revenue$
--$
--$
--$
5,000OPERATING EXPENSES:Research and development:Non-cash compensation

161

152

512

616Other research and development

3,768

8,620

14,616

19,533Total research and development

3,929

8,772

15,128

20,149General and administrative:Non-cash compensation

384

320

1,117

948Other general and administrative

1,213

1,263

4,156

3,951Total general and administrative

1,597

1,583

5,273

4,899TOTAL OPERATING EXPENSES5,526

10,355

20,401

25,048OPERATING LOSS(5,526)

(10,355)

(20,401)

(20,048)OTHER INCOME:Interest and other income, net

51

108

1,669

300LOSS BEFORE EXTRAORDINARY GAIN(5,475)

(10,247)

(18,732)

(19,748)EXTRAORDINARY GAIN--

--

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SOURCE Keryx Biopharmaceuticals, Inc.
Copyright©2012 PR Newswire.
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