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WuXi PharmaTech Announces Second-Quarter 2009 Results

and continue investments."

                          WUXI PHARMATECH (CAYMAN) INC.
  (in thousands of U.S. dollars, except ordinary share, ADS and par value data)

                                                        June 30,   December 31,
                                                          2009         2008
    Current assets:
      Cash and cash equivalents                          92,215       56,624
      Restricted cash                                     1,645        1,338
      Short-term investment                              10,246       14,631
      Accounts receivable, net                           45,982       36,457
      Inventories                                         6,632        6,926
      Prepaid expenses and other current assets          10,149        7,281
      Assets of discontinued operations (Note 1, 2)       3,754        6,508
         Total current assets                           170,623      129,765
    Non-current assets:
      Goodwill                                           23,956       23,956
      Property, plant and equipment, net                169,257      152,704
      Intangible assets, net                              8,231        9,934
      Prepaid land use rights                             5,363        5,424
      Deferred tax assets                                 8,836        8,807
      Other non-current assets                            5,965        5,809
         Total non-current assets                       221,608      206,634

         Total assets                                   392,231      336,399

    Liabilities and shareholders' equity:
    Current liabilities:
      Short-term and current portion of long-term debt   47,179        7,558
      Accounts payable                                   23,295       19,829
      Accrued expenses                                   11,
SOURCE WuXi PharmaTech (Cayman) Inc.
Copyright©2009 PR Newswire.
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