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Cadence Pharmaceuticals Reports First Quarter 2012 Financial Results
Date:5/3/2012

ed revenue, combined with increased selling costs incurred by the sales specialists as they implemented a variety of marketing programs during the first quarter of 2012 to inform customers about OFIRMEV.

As of March 31, 2012, Cadence held cash, cash equivalents and short-term investments of $108.6 million and net accounts receivable of $3.2 million.

GuidanceAs of May 3, 2012, Cadence expects that net product revenue from sales of OFIRMEV for the three months ending June 30, 2012 will range from approximately $10.0 million to $10.4 million.

Conference Call and Webcast on May 3, 2012 at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time) Cadence management will host a conference call on May 3, 2012 at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time) and interested investors may participate in the conference call by dialing (877) 303-9145 (domestic) or (760) 536-5203 (international). To access the webcast, please visit the company's website at www.cadencepharm.com and go to the Investors page. A replay of the webcast will be available approximately two hours after the call and remain available on the company's website until the next quarterly financial results call.

About OFIRMEV® (Acetaminophen) InjectionOFIRMEV (acetaminophen) injection (1000 mg / 100 mL, 10 mg / mL; for intravenous use only), Cadence Pharmaceuticals' proprietary intravenous formulation of acetaminophen, is indicated for the management of mild to moderate pain, the management of moderate to severe pain with adjunctive opioid analgesics, and the reduction of fever. The FDA approval of OFIRMEV was based on data from clinical trials in approximately 1,020 adult and 355 pediatric patients. These trials included two studies evaluating the safety and effectiveness of OFIRMEV in the treatment of pain, and one study evaluating OFIRMEV in the treatment of fever. The effectiveness of OFIRMEV for the treatment of
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SOURCE Cadence Pharmaceuticals, Inc.
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