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Savient Pharmaceuticals Announces U.S. Launch of KRYSTEXXA™; Reports Fourth Quarter and Year-End 2010 Financial Results
Date:2/25/2011

212;——49608644,0282,960Cost and expenses:Cost of goods sold1,6753692,6731,606Research and development9,8379,65532,35851,726Selling, general and administrative8,2175,38724,98130,79019,72915,41160,01284,122Operating loss(18,769)(14,547)(55,984)(81,162)Investment income, net3416116289Other income (expense), net18,27512,305(17,250)(12,051)Loss before income taxes(460)(2,226)(73,118)(92,924)Income tax benefit(9)(2,007)(9)(2,071)Net loss$

(451)$

(219)$

(73,109)$

(90,853)Loss per common share:Basic and diluted$

(0.01)$

—$

(1.08)$

(1.51)Weighted-average number of common and common equivalent shares:Basic and diluted69,39965,35367,43559,997Contact:Mary ColemanSavient Pharmaceuticals, Inc.information@savient.com(732) 418-9300Carney WilsonBurns McClellancwilson@burnsmc.com(212) 213-0006
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SOURCE Savient Pharmaceuticals, Inc.
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