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Endo Pharmaceuticals Reports First Quarter 2009 Financial Results
Date:4/29/2009

$1.73 to $1.81 Upfront and milestone payments to partners $0.26 $0.26 Amortization of commercial intangible assets $0.48 $0.48 Indevus transaction and separation costs $0.23 $0.23 Interest expense adjustment for APB 14-1 $0.12 $0.12 Tax effect of pre-tax adjustments at the applicable tax rates and certain other expected cash tax savings as a result of the Indevus acquisition ($0.23) ($0.23) Diluted adjusted income per common share guidance $2.59 to $2.67 The company's guidance is being issued based on certain assumptions including: -- Adjusted effective tax rate of approximately 34% in 2009; -- Weighted average number of common shares outstanding of 117 million shares for the year ended December 31, 2009; -- The February 23, 2009 acquisition date of Indevus Pharmaceuticals, Inc.; and -- Certain of the above amounts are based on preliminary estimates and there can be no assurance that Endo will achieve these results.

About Endo

Endo Pharmaceuticals is a specialty pharmaceutical company engaged in the research, development, sale and marketing of branded and generic prescription pharmaceuticals used to treat and manage pain, overactive bladder, prostate cancer and the early onset of puberty in children, or central precocious puberty (CPP). Its products include LIDODERM(R), a topical patch to relieve the pain of postherpetic neuralgia; Percocet(R) and Percodan(R) tablets for the relief of moderate-to-moderately severe pain; FROVA(R) tablets for the acute treatment of migraine attacks with or without a
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