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CV Therapeutics Reports 2007 Third Quarter Financial Results
Date:11/6/2007

$0.02 $- $0.34 $-

Basic and diluted net loss

per share, non-GAAP(3) $(0.55) $(1.23) $(2.14) $(4.36)

Shares used in computing basic

and diluted net loss per share 59,458 51,067 59,213 47,340

(2) CVT believes that the non-GAAP financial measures presented in this press release are useful for investors because these measures provide added insight into CVT's performance by focusing on results generated by its ongoing operations. In addition, CVT uses these non-GAAP financial measures when assessing the performance of its ongoing operations, in making resource allocation decisions and for planning and forecasting.

(3) The values shown above are exact; totals may not appear to sum due to rounding.

CONSOLIDATED BALANCE SHEET DATA

(in thousands)

(unaudited)

September 30, 2007 December 31, 2006

Assets:

Cash, cash equivalents, and

marketable securities $194,756 $325,226

Other current assets 41,526 40,269

Total current assets 236,282 365,495

Property and equipment, net 20,355 23,919

Other assets 24,696 32,042

Total assets $281,333 $421,456

Liabilities and stockholders' deficit:

Current liabilities $32,560 $62,247

Convertible subordinated notes 399,500 399,500

Other long-term obligations 5,829 5,507

Stockholders' deficit (156,556) (45,798)

Total liabilities and stockholders'

deficit $281,
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SOURCE CV Therapeutics, Inc.
Copyright©2007 PR Newswire.
All rights reserved

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