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Keryx Biopharmaceuticals, Inc. Announces Second Quarter 2011 Financial Results
Date:8/8/2011

te hereof. This press release and prior releases are available at http://www.keryx.com. The information in our website is not incorporated by reference into this press release and is included as an inactive textual reference only.

KERYX CONTACT:
Lauren Fischer
Director – 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
June 30,Six Months Ended
June 30,2011201020112010REVENUE:License revenue

$
5,000

$
--

$
5,000

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

205

434

464

676Other research and development

6,295

3,129

10,913

5,683Total research and development

6,500

3,563

11,377

6,359General and administrative:Non-cash compensation

314

261

628

668Other general and administrative

1,404

1,356

2,688

2,254Total general and administrative

1,718

1,617

3,316

2,922TOTAL OPERATING EXPENSES8,218

5,180

14,693

9,281OPERATING LOSS(3,218)

(5,180)

(9,693)

(9,281)OTHER INCOME:Interest and other income, net

122

26

192

112NET LOSS$  (3,096)

$  (5,154)

$
(9,501)

$
(9,169)NET LOSS PER COMMON SHARE  
Basic and diluted net loss per common share

$
(0.05)

$
(0.09)

$
(0.15)

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

66,286,615

58,426,995

63,931,209

57,658,247Balance Sheet Information:June 30,
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SOURCE Keryx Biopharmaceuticals, Inc.
Copyright©2010 PR Newswire.
All rights reserved

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