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

======= ====== Basic shares 62,189 56,430 59,215 55,915 Dilutive effect of options and restricted stock - - 292 850 Dilutive effect of convertible senior notes (3) - - - - ------ ------ ------- ------- Diluted shares 62,189 56,430 59,507 56,765 ======= ======== ======= ====== (3) Under the "if-converted" method, interest and issuance costs and potential common shares related to the Company's convertible senior notes were excluded in the computation of diluted per share amounts for the three months and year ended December 31, 2009 because their effect would be anti-dilutive.
    
    
                        ONYX PHARMACEUTICALS, INC.
             CALCULATION OF REVENUE FROM COLLABORATION AGREEMENT
                       (In thousands, unaudited)
                                             
                                       Three Months           Year 
                                          Ended               Ended
                                       December 31,        December 31,
                                     -----------------   -----------------
                                      2009       2008     2009       2008  
                                     ------     ------   ------     ------
    Nexavar product revenue,
     net (as recorded by Bayer)     $235,175  $176,503  $843,470  $677,806
                                    ========  ========  ========  ========
    Revenue subject to
     profit sharing (as recorded
     by Bayer)                      $205,247  $160,874  $753,340  $637,459
    Combined cost of goods sold,
     distribution, selling,
 
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SOURCE Onyx Pharmaceuticals, Inc.
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