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Nektar Therapeutics Reports Third Quarter 2009 Financial Results
Date:11/4/2009

per share information) (unaudited) Three Months Ended Nine Months Ended September 30, September 30, ------------- ------------- 2009 2008 2009 2008 ---- ---- ---- ---- Revenue: Product sales and royalties $7,461 $9,474 $24,456 $28,855 Collaboration and other 2,762 11,965 8,466 32,977 ----- ------ ----- ------ Total revenue 10,223 21,439 32,922 61,832 Operating costs and expenses: Cost of goods sold 5,691 5,349 21,021 18,020 Other cost of revenue - - 6,821 Research and development 23,474 38,265 71,514 109,138 General and administrative 9,917 12,386 30,024 37,661 ----- ------ ------ ------ Total operating costs and expenses 39,082 56,000 122,559 171,640 ------ ------ ------- ------- Loss from operations (28,859) (34,561) (89,637) (109,808) Non-operating income (expense): Interest income 560 2,375 3,160 10,578 Interest expense (2,928) (3,988) (9,213) (11,835) Other income (expense), net 120 (588) 368 483 --- ---- --- --- Total non- operating income (expense) (2,248) (2,201) (5,685) (774) Loss before provision for income taxes (31,107) (36,762) (95,322) (110,582) (Benefit) provision for income taxes (140) 276 (479) 536 ---
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1. Nektar to Announce Financial Results for the Third Quarter of 2009 on Wednesday, November 4, 2009, After Close of U.S.-Based Financial Markets
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