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Keryx Biopharmaceuticals, Inc. Announces First Quarter 2009 Financial Results
Date:5/13/2009

eak only as of the date of this press release. We do not intend to update any of these forward-looking statements to reflect events or circumstances that occur after the date hereof. This press release and prior releases are available at http://www.keryx.com. The information in our website is not incorporated by reference into this press release and is included as an inactive textual reference only.

    KERYX CONTACT:
    Lauren Fischer
    Director - Investor Relations
    Keryx Biopharmaceuticals, Inc.
    Tel: 212.531.5965
    E-mail: lfischer@keryx.com

                          Keryx Biopharmaceuticals, Inc.
                       Selected Consolidated Financial Data
                (In Thousands, Except Share and Per Share Amounts)

    Statements of Operations Information (Unaudited):

                                               Three Months Ended March 31,
                                                       2009            2008
    REVENUE:
    License revenue                                 $ 3,327        $    199
    Service revenue                                       3              --
    TOTAL REVENUE                                     3,330             199

    OPERATING EXPENSES:
    Research and development:
         Non-cash compensation                          201            (980)
         Other research and development               1,374          30,827
           Total research and development             1,575          29,847

    Selling, general and administrative:
         Non-cash compensation                          370           1,717
         Other selling, general and
          administrative                              1,041           1,887
          Total selling, general and
           administrative                
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SOURCE Keryx Biopharmaceuticals, Inc.
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