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Omthera Pharmaceuticals Announces First Quarter 2013 Financial Results
Date:5/28/2013

pany's product formulation and patient needs and potential funding sources; the Company's staffing needs; and other risk factors set forth discussed under the heading "Risk Factors" contained in Omthera prospectus dated April 11, 2012 filed with the Securities and Exchange Commission pursuant to Rule 424(b) of the Securities Act of 1933, as amended, as well as any updates to these risk factors filed from time to time in the Company's SEC filings made pursuant to the Securities Exchange Act of 1934, as amended. Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company undertakes no obligation to update the information in this press release to reflect events or circumstances after the date hereof or to reflect the occurrence of anticipated or unanticipated events.

For more information, please visit www.omthera.com

Omthera Contact:
Christian Schade
Executive Vice President & Chief Financial Officer
Omthera Pharmaceuticals
T: 908-741-4399
E: info@Omthera.com

 Omthera Pharmaceuticals, Inc.Condensed Statement of Operations(In thousands, except per share data)(Unaudited)Three months endedMarch 31,20122013Operating expenses:Research and development$8,049$357General and administrative 1,1311,325Total operating expenses9,1801,682Operating loss(9,180)(1,682)Other income (expense):Interest expense, net—(4,574)Other63Net Loss$(9,174)$(6,253)Dividends on Preferred Stock$(909)$(1,094)Net loss attributable to common shareholders$(10,084)$(7,348)Net loss per share – basic and diluted $(6.18)$(3.08)Weighted average number of shares outstanding (post-split)1,631,7272,383,444 Condensed Balance Sheet Information(In thousands)December 31,March 31,20122013(Unaudited)Cash and cash equivalents $2,50
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SOURCE Omthera Pharmaceuticals, Inc.
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