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Onyx Pharmaceuticals Reports 2008 First Quarter Results
Date:5/6/2008

$5,216 $2,989

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ONYX PHARMACEUTICALS, INC.

CALCULATION OF NET REVENUE (EXPENSE) FROM UNCONSOLIDATED JOINT BUSINESS

(In thousands, unaudited)

Three Months Ended Mar. 31,

---------------------------

2008 2007

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Product revenue, net $151,896 $60,881

Combined cost of goods sold,

distributed, selling, general and

administrative expenses 62,703 36,450

Combined research and development expenses 37,478 33,290

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Combined collaboration profit (loss) $51,715 $(8,859)

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Onyx's share of collaboration profit (loss) $25,858 $(4,430)

Reimbursement of Onyx's direct

development and marketing expenses 11,880 7,455

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Onyx net revenue from unconsolidated

joint business $37,738 $3,025

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ONYX PHARMACEUTICALS, INC.

CONDENSED BALANCE SHEETS

(In thousands)

Mar. 31, Dec. 31,

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

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