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Amylin Pharmaceuticals Reports First Quarter Financial Results
Date:4/16/2009

Amylin. The restructuring of exenatide operations with Lilly will help drive results in this area through a more integrated, efficient approach to development, medical and marketing activities," said Daniel M. Bradbury, president and chief executive officer, Amylin Pharmaceuticals. "The exenatide molecule fills an important unmet need in the treatment of type 2 diabetes, and the once-weekly version has recently shown superior blood sugar control, with weight loss, compared to three of the newest widely-accepted diabetes therapies, including Januvia and Actos. We are on track to submit our NDA filing by the end of this quarter for this very important therapy."

First Quarter Highlights

Highlights of Amylin's first quarter and recent activities include:

Corporate

  • Improved non-GAAP operating loss by 55% compared to the first quarter of 2008.
  • Finalized development and commercialization agreement for an investigational transdermal exenatide.

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