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Keryx Biopharmaceuticals, Inc. Announces Second Quarter 2008 Financial Results
Date:8/8/2008

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NET LOSS $(7,697) (19,460) $(42,233) $(41,273)

NET LOSS PER COMMON SHARE

Basic and diluted $(0.17) $(0. 45) $(0.96) $(0.95)

SHARES USED IN COMPUTING

NET LOSS PER COMMON SHARE

Basic and diluted 44,095,873 43,556,475 43,906,974 43,531,495

Balance Sheet Information:

June 30, December 31,

2008 2007*

(unaudited)

Cash, cash equivalents, interest

receivable and short-term

investment securities $ 24,461 $ 62,386

Long-term investment securities 10,125 2,296

Total assets 39,351 81,061

Accumulated deficit (320,507) (278,274)

Stockholders' equity 5,166 44,422

* Condensed from audited financial statements.


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SOURCE Keryx Biopharmaceuticals, Inc.
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