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Pharmacyclics Reports Second Quarter 2014 Results
Date:7/31/2014

re of net product revenue less cost of goods sold (2)

50,095-75,130-Total net costs for IMBRUVICAunder Janssen collaboration agreement (3)

$
5,961
$
25,131
$
23,493
$
50,000
(1)Includes the reduction for Excess Amounts recorded in each period as follows:Three Months EndedSix Months EndedJun. 30,Jun. 30,Jun. 30,Jun. 30,2014201320142013Research and development expenses(1)

$
-
$
7,377
$
-
$
7,377
Selling, general and administrative expenses(1)

-3,006-3,006Total Excess Amounts

$
-
$
20,383
$
-
$
20,383
(2)Pharmacyclics 50% share of net product revenue less cost of goods sold:Three Months EndedSix Months EndedJun. 30,Jun. 30,Jun. 30,Jun. 30,2014201320142013Product revenue, net

$  109,495$
-
$  165,674$
-
Less: Cost of goods sold

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SOURCE Pharmacyclics, Inc.
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All rights reserved

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