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Savient Pharmaceuticals Reports Third Quarter 2009 Financial Results
Date:11/4/2009

3 $98,222 ======= ======= SAVIENT PHARMACEUTICALS, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (In thousands, except per share data) Three Months Nine Months Ended Ended September 30, September 30, ------------- ------------- 2009 2008 2009 2008 --- ---- ---- ---- Revenues: Product sales, net $328 $499 $2,092 $1,958 Other revenues - 43 4 125 -- -- -- --- 328 542 2,096 2,083 --- --- ----- ----- Cost and expenses: Cost of goods sold 374 303 1,237 855 Research and development 17,670 10,875 42,071 37,762 Selling, general and administrative 8,538 7,563 25,403 27,277 ----- ----- ------ ------ 26,582 18,741 68,711 65,894 ------ ------ ------ ------ Operating loss from continuing operations (26,254) (18,199) (66,615) (63,811) Investment income, net 502 340 273 1,704 Other income (expense), net 11,812 (148) (24,356) (460)
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SOURCE Savient Pharmaceuticals, Inc.
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