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BioMarin Announces Third Quarter 2009 Financial Results
Date:10/28/2009

===== ======= ======= Three Months Nine Months Ended Ended September 30, September 30, ------------- ------------- 2008 2009 2008 2009 ---- ---- ---- ---- $430 $1,192 $1,019 $3,179 Cost of sales Research and development expense 2,501 3,408 6,118 8,488 Selling, general and administrative expense 4,468 4,321 10,674 14,064 ----- ----- ------ ------ Total stock-based compensation expense $7,399 $8,921 $17,811 $25,731 ====== ====== ======= =======
          Reconciliation of GAAP Net Income (Loss) to Non-GAAP Net Income
                       (In millions, except per share data)
                                   (Unaudited)

                            Three Months     Nine Months
                               Ended            Ended       Year Ended
                           September 30,    September 30,   December 31,
                           -------------    -------------   ------------
                     Notes: 2008    2009    2008    2009    2008     2009
                     ------ ----    ----    ----    ----    ----     ----
                                                                  (forecast)

    GAAP Net                                                     (8.0) to
     Income (Loss)          $0.8    $6.6    $6.3   $(5.2)  $30.8    $(4.0)
        Stock-based
         compensation
         expense             7.4     8.9    17.8    25.7    25.3     35.0
        Upfront
         license
    
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SOURCE BioMarin Pharmaceutical Inc.
Copyright©2009 PR Newswire.
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