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Savient Pharmaceuticals Appoints David Y. Norton Interim Chief Executive Officer
Date:2/1/2012

of talented and experienced pharmaceutical executives who are dedicated to the continued success of KRYSTEXXA.  We are confident that the transition will be seamless. We look forward to leveraging David's expertise in his new role to increase awareness and understanding of KRYSTEXXA and achieve our goal of bringing relief to patients suffering from refractory chronic gout around the world."

"I am honored that the Board has selected me to lead Savient during this exciting time for the Company," said Mr. Norton.  "Savient achieved many milestones over the past year including confirming the U.S. refractory chronic gout market size, publishing Phase III data in JAMA and receiving a permanent J-Code.  Now, for the first time, we have all of the necessary pieces in place to capitalize on the heightened awareness of refractory chronic gout and KRYSTEXXA in 2012.  I look forward to working with our Board of Directors, management team and employees to build on our recent accomplishments and further enhance the reach of this one-of-a-kind treatment."

"On behalf of the Board of Directors, I would like to thank John for his contributions to Savient and to the commercialization of KRYSTEXXA," Mr. Jaeger concluded.  "We wish him well in his future endeavors." 

KRYSTEXXA Net Sales for Fourth Quarter 2011
Savient also today announced that it expects to report that net sales of KRYSTEXXA grew in the fourth quarter to a range of between $2.8 and $3.0 million for the three months ended December 31, 2011, as compared to $1.9 million for the three months ended September 30, 2011. 

The Company will provide its full financial results for the three months and year ended December 31, 2011 on its fourth quarter and year-end 2011 earnings call, scheduled for February 27, 2012.

About David Norton
David Norton joined the Savient Board in September 2011.  Mr. Norton previously served as Company Grou
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SOURCE Savient Pharmaceuticals, Inc.
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