2,409 11,302
Operating loss (49,698) (46,785)
Equity in net loss of affiliate (1,785) -
Investment and interest income, net 154,818 155,401
Minority interest - Celldex - 1,651
Income before provision for income taxes 103,335 110,267
Provision for income taxes 23 2
Net income $103,312 $110,265
Basic net income per share $0.81 $0.88
Diluted net income per share $0.76 $0.80
Weighted average number of common
shares outstanding during
the year - basic 127,643 124,690
- diluted 138,580 140,144
Condensed Consolidated Balance Sheets
(In thousands)
March 31, December 31,
2008 2007
(unaudited) (1)
Cash, cash equivalents and marketable
securities - Medarex $464,477 $486,772
Cash and cash equivalents - Celldex - 14,000
Other current assets 15,818 29,013
Property, buildings and equipment, net 75,966 79,925
Marketable securities - Genmab 115,587 139,165
Investments in Avant Immunotherapeutics 9,381 -
Investments in, and advances to affiliate
and partners 6,040 6,040
Segregated cash - non current
'/>"/>
SOURCE Medarex, Inc. Copyright©2008 PR Newswire. All rights reserved | |
Page: 1 2 3 4 5 6 7 8 Related medicine news :1.
Medarex and Bristol-Myers Squibb Joint Statement on Submission Status of Ipilimumab2.
Medarex Announces 2007 Fourth Quarter and Year End Financial Results3.
Medarex to Present at the Merrill Lynch Global Pharmaceutical, Biotechnology & Medical Device Conference4.
Medarex to Receive Milestone Payment for Submission of Regulatory Applications Requesting Approval of Ustekinumab (CNTO 1275) for Treatment of Psoriasis5.
PharmAthene and Medarex Announce Additional $0.8 Million U.S. Government Appropriation for Continued Development of Anthrax Therapeutic Valortim(TM)6.
Medarex to Present at the JPMorgan Small/Mid Cap Conference7.
Ono and Medarex Announce Allowance of Investigational New Drug Application for Fully Human Anti-PD1 Antibody8.
Medifast Announces First Quarter 2008 Financial Results9.
Esperanza Announces Support of H.R. 1108, Encourages Congress to Pass FDA Regulation of Tobacco10.
Pregis Announces First Quarter 2008 Financial Results11.
Almost Family, Inc. Announces Exercise of Over-Allotment Option