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Medivation Reports First Quarter 2009 Financial Results and Provides Corporate Update
Date:5/11/2009

March 31, December 31, 2009 2008 ASSETS Current assets: Cash and cash equivalents $50,718 $71,454 Short-term investments 149,970 149,968 Receivable from collaboration partner 5,766 3,522 Prepaid expenses and other current assets 3,127 1,957 Total current assets 209,581 226,901 Property and equipment, net 801 768 Restricted cash 843 843 Intellectual property, net 53 54 Other non-current assets 664 706 Total assets $211,942 $229,272 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Accounts payable $5,044 $7,166 Accrued expenses 10,241 5,772 Deferred revenue 65,361 64,286 Other current liabilities 103 93 Total current liabilities 80,749 77,317 Deferred revenue, net of current 130,722 148,137 Other non-current liabilities 425 399 Series A redeemable preferred stock 11 11 Total liabilities 211,907 225,864 Stockholders' equity: Preferred stock, $0.01 par value per share; 1,000,000 shares authorized; no shares issued and outstanding - - Common stock, $0.01 par value per share; 50,000,000
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