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Medivation Reports Third Quarter 2008 Financial Results and Provides Corporate Update
Date:11/10/2008

3) $(54,529) $(22,170) $(114,729)

Basic and

diluted net

loss per

share $(0.68) $(0.34) $(1.86) $(0.80)

Weighted

average

common

shares

used

in the

calculation

of basic

and

diluted

net loss

per share 30,022 27,797 29,273 27,776

MEDIVATION, INC.

(A DEVELOPMENT STAGE COMPANY)

CONDENSED CONSOLIDATED BALANCE SHEETS

(in thousands, except share and per share data)

(unaudited)

September 30, December 31,

2008 2007

ASSETS

Current assets:

Cash and cash equivalents $20,374 $43,258

Prepaid expenses and other current assets 1,683 991

Total current assets 22,057 44,249

Property and equipment, net 728 689

Intellectual property, net 55 58

Other non-current assets 1,195 600

Total assets $24,035 $45,596

LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:

Accounts payable $6,203 $1,747

Accrued expenses 8,793 2,218

Other current liabilities 87 70

Total current liabilities 15,083 4,035

Other non-current liabilities 426 492

Series A redeemable preferred stock 11 11

Total liabilities 15,52
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SOURCE Medivation, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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