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Pharmacyclics Reports Fiscal 2012 First Quarter Financial Results and Multiple PCI-32765 Presentations at the 53rd American Society of Hematology Annual Meeting
Date:11/7/2011

this announcement to conform these statements to actual results, to changes in management's expectations or otherwise, except as may be required by law. Pharmacyclics, Inc.(a development stage enterprise)

Condensed Consolidated Balance Sheets(unaudited; in thousands)September 30,2011June 30, 2011ASSETS   Cash, cash equivalents and marketable securities*

$

105,249

$

112,329   Other current assets2,6582,367Total current assets107,907114,696   Property and equipment, net1,7881,312   Other assets344344Total assets

$

110,039

$

116,352LIABILITIES AND STOCKHOLDERS' EQUITY   Deferred revenue

$

7,000

$

7,000   Other current liabilities8,5097,268Total current liabilities15,50914,268   Deferred rent480410Total liabilities15,98914,678   Stockholders' equity94,050101,674Total liabilities and stockholders' equity

$

110,039

$

116,352* Marketable securities

$

18,324

$

24,572Pharmacyclics, Inc.(a development stage enterprise)Condensed Consolidated Statements of Operations(unaudited; in thousands, except per share data)Three Months EndedSeptember 30,20112010Revenues:   License and milestone revenues

$

37

$

1,964Total revenues371,964Operating expenses*:   Research and development11,2487,702   General and administrative3,3501,834Total operating expenses14,5989,536Loss from operations(14,561)(7,572)Interest and other income (expense), net2349Net loss

$

(14,538)

$

(7,523)Basic and diluted net loss per share

$

(0.21)

$

(0.13)Weighted average shares used to compute basic and diluted net loss per share68,32359,278*   Includes share-based compensation as follows:Research and development

$

1,538

$

1,694General and administrative626478Total

$

2,164

$


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SOURCE Pharmacyclics, Inc.
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Related medicine technology :

1. Pharmacyclics Reports Financial Results and Recent Developments for Fiscal Year and Fourth Quarter 2011 - Conference Call Set for Today at 4:30 PM EDT
2. Pharmacyclics Announces Date of Fiscal Year End 2011 Financial Results and Conference Call
3. Pharmacyclics Reports Recent Developments From Clinical Studies of its Btk Inhibitor PCI-32765
4. Pharmacyclics Announces Oral Presentations and Clinical Update at Upcoming Medical Meetings
5. Pharmacyclics to Announce Third Quarter Fiscal 2011 Results and Host a Conference Call on May 4, 2011
6. Pharmacyclics to Announce Second Quarter Fiscal 2011 Results and Host a Conference Call on February 4, 2011
7. Pharmacyclics Reports Updated Clinical Results from its Phase IA Trial of its First in Human Btk-Inhibitor PCI-32765
8. Pharmacyclics Reports CLL Results from Preclinical and Clinical Studies of its Btk Inhibitor PCI-32765
9. Pharmacyclics Reports Financial Results for Fiscal 2010 and for Fourth Quarter 2010
10. Pharmacyclics Announces Date of Fiscal Year End 2010 Financial Results and Conference Call and Presentation at Stifel Nicolaus Healthcare Conference
11. Pharmacyclics to Present at Bank of America Merrill Lynch Healthcare Conference and MDB Bright Lights Conference
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