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

general and administrative expenses 89,674 76,593 312,205 298,792 ------ ------ ------- ------- Combined collaboration commercial profit $115,573 $84,281 $441,135 $338,667 ======== ======= ======== ======== Onyx's share of collaboration commercial profit $57,787 $42,141 $220,567 $169,334 Reimbursement of Onyx's shared marketing expenses 7,435 6,415 23,514 22,185 Royalty revenue 2,095 1,094 6,309 2,824 ----- ----- ----- ----- Revenue from collaboration agreement $67,317 $49,650 $250,390 $194,343 ======= ======= ======== ========
    
    
                           ONYX PHARMACEUTICALS, INC.
             RECONCILIATION OF GAAP TO NON-GAAP NET INCOME (LOSS)
                  (In thousands, except per share amounts)
                                 (unaudited)
                                             
                                         Three Months           Year 
                                            Ended               Ended
                                         December 31,        December 31,
                                       -----------------   -----------------
                                        2009       2008     2009       2008  
                                       ------     ------   ------     ------
    GAAP net income (loss) 
     per share - basic                $(0.09)   $(0.53)   $ 0.27    $ 0.03
    GAAP net income (loss) 
     per share - diluted (4)          $(0.09)   $(0.53)   $ 0.27    $ 0.03
                                             
    GAAP net income (loss)           $(5,509) $(30,187)  $16,161    $1,948
    Non-GAAP adjustments:  
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SOURCE Onyx Pharmaceuticals, Inc.
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