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Onyx Pharmaceuticals Reports Third Quarter and Nine-Month 2008 Financial Results

$107,860 $28,131

======== ======== ======== ==========



(In thousands)

Sep. 30, Dec. 31,

2008 2007

(unaudited) (2)

Assets ----------- ---------

Cash, cash equivalents and marketable

securities $446,522 $469,650

Other current assets 48,188 11,006

----------- ---------

Total current assets 494,710 480,656

Property and equipment, net 2,679 3,146

Marketable securities, non-current 41,690 -

Other assets 341 281

----------- ---------

Total assets $539,420 $484,083

Liabilities and stockholders' equity =========== =========

Current liabilities 23,524 11,441

Advance from collaboration partner,

non-current 16,633 39,234

Other long-term liabilities 1,176 1,171

Stockholders' equity 498,087 432,237

Total liabilities and stockholders' ----------- ---------

equity $539,420 $484,083


SOURCE Onyx Pharmaceuticals, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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