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Keryx Biopharmaceuticals, Inc. Announces First Quarter 2012 Financial Results
Date:5/8/2012

Three Months Ended March 31, 20122011OPERATING EXPENSES:Research and development:Non-cash compensation

$
278

$
259Other research and development

7,122

4,618Total research and development

7,400

4,877General and administrative:Non-cash compensation

368

314Other general and administrative

1,408

1,284Total general and administrative

1,776

1,598TOTAL OPERATING EXPENSES9,176

6,475OPERATING LOSS(9,176)

(6,475)OTHER INCOME:Interest and other income, net

62

70NET LOSS$  (9,144)

(6,405)NET LOSS PER COMMON SHAREBasic and diluted net loss per common share

$
(0.13)

$
(0.10)SHARES USED IN COMPUTING NET LOSS
PER COMMON SHAREBasic and diluted

71,225,006

61,549,633 Balance Sheet Information:March 31, 2012December 31, 2011*(unaudited)Cash, cash equivalents, interest receivable, and short-term
investment securities

$
30,979$
39,470Total assets

34,97943,488Accumulated deficit

(379,001)(369,887)Stockholders' equity

22,57931,047* Condensed from audited financial statements. 


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SOURCE Keryx Biopharmaceuticals, Inc.
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