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ViroPharma Incorporated Reports Second Quarter 2009 Financial Results
Date:7/29/2009

ermining non-GAAP net income goodwill write off and gain on extinguishment of repurchased bonds are excluded.

                        VIROPHARMA INCORPORATED
                    Selected Financial Information



    Selected Consolidated Balance Sheet Data  June 30,   December 31,
                                              --------   -----------
    (in thousands)                               2009       2008*
                                                 ----       ----

    Assets
    Current assets:
      Cash and cash equivalents                 $267,171   $275,839
      Deferred income taxes                       14,650     24,094
      Total current assets                       364,540    360,880
      Intangible assets, net                     632,012    639,693
      Goodwill                                         -     65,099
      Total assets                             1,016,125  1,086,129

    Liabilities and Stockholders' Equity
      Total current liabilities                  $36,816    $43,467
      Deferred tax liabilities                   129,632    128,254
      Long-term debt                             135,254    161,003
      Total liabilities                          304,480    336,795
      Total stockholders' equity                 711,645    749,334
      Total liabilities and stockholders'
       equity                                  1,016,125  1,086,129

    * 2008 reflects Retrospective application of FSP APB 14-1;
     see explanation on prior page

                                                 Six months ended
                                               June 30,    June 30,
                                               -------     -------
    Statement of Cash Flows:                      2009       2008
    (in thousands)                                ----       ----
    Net cash provided by operating activities  $15,868    $50,327
    Net cash (used
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SOURCE ViroPharma Incorporated
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