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Cadence Pharmaceuticals Reports Third Quarter 2013 Financial Results

ctivities; public concern regarding the safety of drug products such as OFIRMEV, and the potential implementation by regulatory agencies of new requirements to include unfavorable information in the labeling for OFIRMEV; the risk that Cadence may not be able to raise sufficient capital when needed, or at all; and other risks detailed under "Risk Factors" and elsewhere in Cadence's periodic reports and other filings made with the Securities and Exchange Commission from time to time. All forward-looking statements are qualified in their entirety by this cautionary statement, which is made under the safe harbor provisions of Section 21E of the Private Securities Litigation Reform Act of 1995, and Cadence undertakes no obligation to revise or update this press release to reflect events or circumstances after the date hereof.

Cadence® and OFIRMEV® are trademarks of Cadence Pharmaceuticals, Inc.


William R. LaRueSVP & Chief Financial OfficerCadence Pharmaceuticals, Inc.Phone: 858-436-1400 

 CADENCE PHARMACEUTICALS, INC.CONDENSED STATEMENTS OF OPERATIONS(unaudited)(in thousands, except per share amounts)Three Months EndedNine Months EndedSeptember 30,September 30,2013201220132012Revenues:Product revenue, net

32,977License revenue

---33Total revenues

28,95713,89877,24333,010Costs and expenses:Cost of product sales

9,9646,07626,42516,078Amortization of patent license

3363361,0081,008Research and development

1,6552,2354,6985,446Selling, general and administrative


(107)13(602)14Total costs and expenses

34,77628,699101,79089,357Loss from operations

(5,819)(14,801)(24,547)(56,347)Other (expense) income, net

(1,119)(1,089)4,371(3,205)Net loss

(59,552)Basic and diluted net loss pe

SOURCE Cadence Pharmaceuticals, Inc.
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