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Halozyme Therapeutics Reports Fourth Quarter and Year End 2010 Financial Results
Date:3/11/2011

need. For more information visit www.halozyme.com.

Safe Harbor StatementIn addition to historical information, the statements set forth above include forward-looking statements (including, without limitation, statements concerning the timing and scope of our clinical trials as well as expected activities under our collaborative partnerships) that involve risk and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. The forward-looking statements are also identified through use of the words "believe," "enable," "may," "will," "could," "intends," "estimate," "anticipate," "plan," "predict," "probable," "potential," "possible," "should," "continue," and other words of similar meaning. Actual results could differ materially from the expectations contained in forward-looking statements as a result of several factors, including 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.Halozyme ContactRobert H. UhlSenior Director, Investor Relations(858) 704-8264ruhl@halozyme.comHalozyme Therapeutics, Inc.Condensed Consolidated Statements of OperationsThree Months EndedTwelve Months EndedDecember 31, December 31, 2010200920102009(unaudited)(unaudited)REVENUES:Product sales

$
200,078$
301,580$
895,518$
970,847Revenues under collaborative agreements

3,372,4466,142,31312,728,59712,700,458Total revenues

3,572,5246,443,89313,624,11513,671,305OPERATING EXPENSES:Cost of product sales

888,870159,952985,283311,891Research and development

15,933,02914,850,29451,773,50456,614,266Selling, general and administrative

4,634,3924,109,84515,122,96015,203,408Total operating ex
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SOURCE Halozyme Therapeutics, Inc.
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