Pharmion Corporation Announces 2007 Operati...( BOULDER Colo. Feb. 19 /- Pharmion...)

BOULDER, Colo., Feb. 19 /PRNewswire-FirstCall/ -- Pharmion Corporation (Nasdaq: PHRM) today reported financial results for its quarter and year ended December 31, 2007. For the year, net sales totaled $267.3 million, compared to net sales of $238.6 million in 2006. Worldwide sales of Vidaza(R) (azacitidine for injection) totaled $165.3 million for 2007, compared to $142.2 million for 2006. In the U.S., sales of Vidaza totaled $131.4 million in 2007, compared to $130.6 million in 2006. Named patient and compassionate use sales of Vidaza in Europe and other international markets totaled $33.9 million in 2007, compared to $11.6 million in 2006. Named patient and compassionate use sales of thalidomide totaled $81.7 million in 2007, compared to $77.5 million in 2006.

Fourth quarter net sales totaled $71.5 million, compared to $60.1 million in the fourth quarter of 2006. Worldwide sales of Vidaza totaled $44.8 million in the fourth quarter, compared to $36.6 million in the same quarter of 2006. In the U.S., sales of Vidaza totaled $34.2 million in the fourth quarter of 2007, compared to $32.0 million in the same period in 2006. Named patient and compassionate use sales of Vidaza in Europe and other international markets totaled $10.6 million in the fourth quarter of 2007, compared to $4.6 million in the same period in 2006. Fourth quarter named patient and compassionate use sales of thalidomide totaled $21.0 million, compared to $18.8 million in the fourth quarter of 2006.

"We are very pleased with our financial results for 2007, and very proud of the major milestones we accomplished during the year," said Patrick J. Mahaffy, Pharmion's president and CEO. "We were very excited about the results of the Vidaza overall survival study
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