A reconciliation of reported GAAP research and development expenses to non-GAAP research and development expenses, net of cost-sharing payments, is provided in the table that follows (in thousands, unaudited):
Quarter ended Year ended
December 31, December 31,
2008 2007 2008 2007
GAAP research and
development expenses $67,022 $83,888 $293,095 $276,600
Cost-sharing payments (16,498) (26,248) (70,481) (60,261)
Non-GAAP research and
development expenses,
net of cost sharing
payments $50,524 $57,640 $222,614 $216,339
AMYLIN PHARMACEUTICALS, INC.
CONDENSED CONSOLIDATED BALANCE SHEETS
(in thousands)
(unaudited)
December 31, December 31,
2008 2007
Assets
Cash, cash equivalents and
short-term investments $816,838 $1,130,415
Accounts receivable, net 62,369 73,579
Inventories, net 115,823 100,214
Other current assets 41,038 32,100
Property, plant and equipment, net 636,922 390,301
Other assets
'/>"/>
| SOURCE Amylin Pharmaceuticals, Inc. Copyright©2009 PR Newswire. All rights reserved |