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Halozyme Reports Second Quarter 2012 Financial Results

ctors, including unexpected expenditures, clinical trial results, delays in development and regulatory review, regulatory approval requirements and competitive conditions. These and other factors that may result in differences are discussed in greater detail in the Company's reports on Forms 10-K, 10-Q, and other filings with the Securities and Exchange Commission.

Media/Investor Contact:
Anne Erickson
Executive Director
Halozyme Therapeutics

 Halozyme Therapeutics, IncUnaudited Condensed Consolidated Statements of Comprehensive Income (Loss)Three Months EndedSix Months EndedJune 30, June 30, 2012201120122011REVENUES:Product sales, net

330,919Revenues under collaborative agreements

7,232,23323,023,47814,485,00130,401,922Total revenues

7,757,17523,188,94815,197,35430,732,841OPERATING EXPENSES:Cost of product sales

143,120178,235213,881189,952Research and development

16,081,72915,347,11631,972,83829,132,913Selling, general and administrative

5,580,4244,567,66612,199,1317,973,632Total operating expenses

21,805,27320,093,01744,385,85037,296,497OPERATING INCOME (LOSS)

(14,048,098)3,095,931(29,188,496)(6,563,656)Interest and other income, net

26,97920,35748,19644,226NET INCOME (LOSS)

$ (14,021,119)$  3,116,288$ (29,140,300)$ (6,519,430)Basic and diluted net income (loss) loss per share

(0.06)Shares used in computing net income (loss)  per share:Basic


112,063,665104,393,835109,826,589101,804,887COMPREHENSIVE INCOME (LOSS)

$ (14,021,119)$  3,116,288$ (29,140,300)$ (6,519,430) Halozyme Therapeutics, IncUnaudited Condensed Consolidated Balance SheetsJune 30, December 31,20122011ASSE

SOURCE Halozyme Therapeutics, Inc.
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