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Millennium Reports Outstanding Third-Quarter Results Driven by VELCADE(R) (Bortezomib) for Injection Sales
Date:11/1/2007

come, net 10,995 5,635 38,057 16,037

Interest expense (2,434) (2,478) (7,696) (7,934)

Other income - 3,403 - 3,403

Net loss $(1,693) $(13,717) $(26,152) $(52,225)

Amounts per common share:

Net loss per share, basic and

diluted $(0.01) $(0.04) $(0.08) $(0.17)

Weighted average shares, basic and

diluted 318,871 314,228 317,591 313,132

Note 1: In accordance with SFAS 123R, stock-based compensation expense is allocated between research and development and selling, general and administrative expense as follows:

Three Months Ended Nine Months Ended

September 30, September 30,

2007 2006 2007 2006

Research and development $3,090 $5,603 $8,235 $17,935

Selling, general and

administrative 3,792 4,642 10,748 14,291

Millennium Pharmaceuticals, Inc.

Reconciliation of GAAP to Non-GAAP

(unaudited)

(in thousands, except per share amounts)

Three Months Ended September 30, 2007

Costs and Expenses

Net Income

(Loss)per

Share, Basic

Research and Selling, General Net Income and

Development and Administrative (Loss) Diluted

GAAP $72,551 $42,949 $(1,69
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SOURCE Millennium Pharmaceuticals, Inc.
Copyright©2007 PR Newswire.
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