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Keryx Biopharmaceuticals, Inc. Announces Fourth Quarter and Year-End 2011 Financial Results
Date:2/29/2012

rector – Investor Relations
Keryx Biopharmaceuticals, Inc.
Tel: 212.531.5965
E-mail: lfischer@keryx.com Keryx Biopharmaceuticals, Inc.Selected Consolidated Financial Data(In Thousands, Except Share and Per Share Amounts)Statements of Operations Information (Unaudited):Three Months Ended December 31, Year Ended December 31,2011201020112010REVENUE:License revenue

$
--

$
--

$
5,000

$
--OPERATING EXPENSES:Research and development:Non-cash compensation

187

238

803

1,236Other research and development

6,676

4,144

26,209

13,728Total research and development

6,863

4,382

27,012

14,964General and administrative:Non-cash compensation

341

278

1,289

1,237Other general and administrative

1,497

1,341

5,448

5,014Total general and administrative

1,838

1,619

6,737

6,251TOTAL OPERATING EXPENSES8,701

6,001

33,749

21,215OPERATING LOSS(8,701)

(6,001)

(28,749)

(21,215)OTHER INCOME: Interest and other income, net

80

567

380

764LOSS FROM CONTINUING  OPERATIONS(8,621)

(5,434)

(28,369)

(20,451)Gain from discontinued operations

246

120

246

120NET LOSS$
(8,375)

$  (5,314)

$ (28,123)

$ (20,331)NET LOSS PER COMMON SHAREContinuing operations

$
(0.12)

$
(0.09)

$
(0.42)

$
(0.34)Discontinued operations--*   --*   --* --* Basic and diluted net loss per common share

$
(0.12)

$
(0.09)

$
(0.42)

$
(0.34)SHARES USED IN COMPUTING NET  LOSS PER COMMON SHAREBasic

71,022,951

61,266,886

67,370,354

58,987,854Diluted

71,022,951

61,266,886

67,370,354<
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SOURCE Keryx Biopharmaceuticals, Inc.
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