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Rigel Announces Third Quarter 2009 Financial Results
Date:11/3/2009

ands, except per share amounts) Three Months Ended Nine Months Ended September 30, September 30, 2009 2008 2009 2008 ---- ---- ---- ---- (unaudited) (unaudited) Revenues: Contract revenues $- $- $- $- Operating expenses: Research and development (see Note A) 21,082 31,232 70,568 81,268 General and administrative (see Note A) 5,573 7,450 15,226 21,436 Restructuring charges (see Note A) - - 1,141 - --- --- ----- --- Total operating expenses 26,655 38,682 86,935 102,704 ------ ------ ------ ------- Loss from operations (26,655) (38,682) (86,935) (102,704) Interest income, net 4 991 388 3,722 --- --- --- ----- Loss before income taxes (26,651) (37,691) (86,547) (98,982) Income tax benefit - - 93 - --- --- --- --- Net loss $(26,651) $(37,691) $(86,454) $(98,982) ======== ======== ======== ======== Net loss per share, basic and diluted $(0.70) $(1.03) $(2.32) $(2.76) ====== ====== ====== ====== Weighted average shares used in computing net loss per share, basic and diluted
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SOURCE Rigel Pharmaceuticals, Inc.
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