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Repligen Reports Second Quarter Fiscal Year 2009 Financial Results
Date:11/6/2008

biopharmaceutical company focused on the development of novel therapeutics for neurological disorders. In addition, we are the world's leading supplier of recombinant Protein A, the sales of which partially fund the advancement of our development pipeline while supporting our financial stability. Repligen's corporate headquarters are located at 41 Seyon Street, Building #1, Suite 100, Waltham, MA 02453. Additional information may be requested from http://www.repligen.com.

REPLIGEN CORPORATION

STATEMENTS OF OPERATIONS

(Unaudited)

Three months ended Six months ended

September 30, September 30,

2008 2007 2008 2007

Revenue:

Product revenue $2,984,304 $5,156,348 $8,677,647 $10,887,824

Royalty and other

revenue 2,105,620 195,973 10,072,522 443,315

Total revenue 5,089,924 5,352,321 18,750,169 11,331,139

Operating expenses:

Cost of product

revenue 1,210,644 1,412,428 3,057,045 3,126,727

Cost of royalty and

other revenue 210,612 - 535,612 -

Research and

development 2,463,419 1,153,994 4,547,544 3,291,320

Selling, general and

administrative 1,529,767 2,185,799 2,976,338 4,327,930

Net gain from

litigation

settlement - (40,170,000) - (40,170,000)

Total operating

expenses 5,414,442 (35,417,779) 11,116,539 (29,424,023)

Income (loss) from

operations (324,518) 40,770,100 7,633,630 40,755,162

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SOURCE Repligen Corporation
Copyright©2008 PR Newswire.
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