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Onyx Pharmaceuticals Reports Record Full Year and Fourth Quarter 2009 Financial Results
Date:2/23/2010

r 31, ----------------- ----------------- 2009 2008 2009 2008 ------ ------ ------ ------ Revenue: Revenue from collaboration agreement $67,317 $49,650 $250,390 $194,343 Contract revenue from collaboration 1,000 - 1,000 - ----- --- ----- --- Total revenue 68,317 49,650 251,390 194,343 Operating expenses: Research and development (1) 36,028 59,905 128,506 123,749 Selling, general and administrative (1) 32,232 22,008 101,132 80,994 Contingent consideration 1,528 - 1,528 - ----- --- ----- --- Total operating expenses 69,788 81,913 231,166 204,743 ------ ------ ------- ------- Income (loss) from operations (1,471) (32,263) 20,224 (10,400) Investment income 920 1,999 4,028 12,695 Interest expense (4,603) - (6,858) - ------ ------ ------- ------- Income (loss) before provision for income taxes (5,154) (30,264) 17,394 2,295 Provision (benefit) for income taxes 355 (77) 1,233 347 ------ ------ ------- ------- Net income (loss) $(5,509) $(30,187) $16,161 $1,948 ======= ======== ======= ====== Net income (loss) per share: Basi
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SOURCE Onyx Pharmaceuticals, Inc.
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