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Jazz Pharmaceuticals, Inc. Announces Third Quarter 2007 Financial Results
Date:11/6/2007

ceuticals to discontinue the development of its product candidates; and risks related to the uncertain and time-consuming regulatory approval process. These and other risk factors are discussed under "Risk Factors," in the Quarterly Report on Form 10-Q for the quarter ended June 30, 2007 filed by Jazz Pharmaceuticals with the Securities and Exchange Commission on August 10, 2007. Jazz Pharmaceuticals undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events or changes in its expectations.

JAZZ PHARMACEUTICALS, INC.

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(In thousands, except per share amounts)

(Unaudited)

Three Months Ended Nine Months Ended

September 30, September 30,

2007 2006 2007 2006

Revenues:

Product sales, net $13,436 $11,184 $38,676 $31,409

Royalties, net 253 150 824 336

Contract revenue 7,785 162 10,326 662

Total revenues 21,474 11,496 49,826 32,407

Operating expenses:

Cost of product sales 1,938 2,044 5,620 5,367

Research and development 16,978 14,746 49,252 41,920

Selling, general and

administrative 18,069 12,906 50,583 38,841

Amortization of intangible

assets 2,287 2,400 6,936 7,200

Provision for government

settlement - - 17,469 -

Total operating expenses 39,272 32,096 129,860 93,328

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SOURCE Jazz Pharmaceuticals, Inc.
Copyright©2007 PR Newswire.
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