on agreement, whether Optimer will be able to realize expected benefits under its co-promotion agreement with Cubist and its collaboration agreements with Astellas, the fact that past results may not be predictive of future results or performance, the possibility of alternative means of preventing or treating CDAD impacting adoption and sales of DIFICID, Optimer's ability, through its third party manufacturers and logistics providers, to maintain a sufficient supply of DIFICID to meet demand, DIFICID's ability to compete against lower-priced generic products and other risks detailed in Optimer's filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the date of this release, and Optimer undertakes no obligation to update or revise these statements, except as may be required by law.Contacts
Optimer Pharmaceuticals, Inc.
David Walsey, Vice President, Investor Relations and Corporate Communications
(858) 964-3418
Canale Communications, Inc.
Jason I. Spark, Senior Vice President
(619) 849-6005
OPTIMER and DIFICID are trademarks of Optimer Pharmaceuticals, Inc. All other trademarks are the property of their respective owners.Optimer Pharmaceuticals, Inc.Consolidated Statements of Operations(unaudited) Three Months Ended Six Months Ended June 30, June 30, 2012201120122011Revenues:Product sales, net
$ 15,232,087$
-$ 29,612,628$
-Collaboration
34,525,485-34,525,48569,165,000Other
-33,2942,106144,933Total revenues
49,757,57233,29464,140,21969,309,933Cost and expenses:Cost of product sales
2,269,331-4,553,591-Cost of contract revenue
1,744,182-1,744,1824,273,532Research and development
11,557,21710,290,76022,625,18418,668,769Selling , general and administrative
28,856,92914,760,72354,379,21126,566,998Co-promotion expenses with Cubist
5,001,583-1
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SOURCE Optimer Pharmaceuticals, Inc. Copyright©2012 PR Newswire. All rights reserved | |
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