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

senior notes were excluded in the computation of non-GAAP diluted per share amounts for the three months ended December 31, 2009 because their effect is anti-dilutive and included in the computation of non-GAAP diluted per share amounts for the year ended December 31, 2009 because their effect is dilutive.
    
    
                            ONYX PHARMACEUTICALS, INC.                         
                      CONDENSED CONSOLIDATED BALANCE SHEETS  
                
                                                    (In thousands)                  
                                              December 31,      December 31,   
                                                 2009              2008   
                                              (unaudited)           (7)   
                                              -----------       -----------    
    Assets                                             
    Cash, cash equivalents and current
     marketable securities                     $550,108          $418,424   
    Other current assets                         88,615            43,635 
                                                 ------            ------  
    Total current assets                        638,723           462,059   
    Property and equipment, net                   7,473             3,363   
    Marketable securities, non-current           37,174            39,622   
    Intangible assets - in-process
     research and development                   438,800                 -   
    Goodwill                                    193,675                 -   
    Other assets                                  8,835             4,723
                                                  -----             -----   
    Total assets                             $1,324,680          $509,767
                                             ==========          ========   
    Liabilities 
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SOURCE Onyx Pharmaceuticals, Inc.
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