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

2007

(unaudited) (2)

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

Assets

Cash, cash equivalents and marketable

securities $408,286 $469,650

Other current assets 45,397 11,006

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Total current assets 453,683 480,656

Property and equipment, net 2,840 3,146

Long-term investments 48,328 -

Other assets 286 281

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Total assets $505,137 $484,083

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Liabilities and stockholders' equity

Current liabilities 21,888 11,441

Advance from collaboration partner 30,372 39,234

Other long term liabilities 1,260 1,171

Stockholders' equity 451,617 432,237

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Total liabilities and stockholders'

equity $505,137 $484,083

======= =======

(2) Derived from the audited financial statements included in the

company's Annual Report on Form 10-K for the year-ended December 31,

2007.


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SOURCE Onyx Pharmaceuticals, Inc.
Copyright©2008 PR Newswire.
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