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

acture of conformance batches at our proposed secondary source supplier of pegloticase API. The above increases in expense were partially offset by approximately $3.2 million of lower technology transfer costs from our proposed secondary source supplier of pegloticase API as the majority of the work was performed in the prior year and has now been substantially completed. Additionally, we incurred lower expenses for reservation fees as the prior year period reflects a $2.2 million payment to BTG to reserve manufacturing space in their facility.

Selling, general and administrative expenses for the first nine months of 2009 were $25.4 million, compared with $27.3 million for the same period of 2008, a decrease of $1.9 million, or 7%. The decrease was primarily due to lower legal fees of $3.2 million as the prior year results reflect expenses for Oxandrin-related patent infringement litigation and $2.1 million of lower compensation and benefits, including share-based compensation, due primarily to decreased headcount and share-based awards. Partially offsetting the lower costs are $1.2 million in higher severance expenses, increased pre-launch market research and recruiting expenses of $1.1 million and $1.0 million, respectively, both incurred in preparation for a potential commercial launch of KRYSTEXXA.

Investment income, net for the first nine months of 2009 was $0.3 million, compared with $1.7 million for the same period of 2008, a decrease of $1.4 million, or 84%. The lower investment income was primarily due to decreased dividend and interest income from lower cash, cash equivalent and investment balances and as a result of lower yields earned on those investments.

Other expense, net for the first nine months of 2009 was $24.4 million, compared with $0.5 million for the same period of 2008, an increase of $23.9 million primarily as a result of the non-cash net loss on the mark-to-market valuation adjustment to our warrant l
'/>"/>

SOURCE Savient Pharmaceuticals, Inc.
Copyright©2009 PR Newswire.
All rights reserved

0

GOOD

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14

Related medicine technology :

1. Savient Announces FDAs Advisory Panel to Review Pegloticase for Treatment-Failure Gout Patients
2. Savient Provides Update on Pegloticase BLA
3. Savient Pharmaceuticals Announces Proposed Public Offering of Common Stock
4. Savient Pharmaceuticals Prices Underwritten Offering of Common Stock
5. Savient Pharmaceuticals Announces Closing of Public Offering and Exercise of Over-Allotment Option
6. Auxilium Pharmaceuticals, Inc. Receives Clearance to Resume Clinical Trials for XIAFLEX(TM)
7. Vion Pharmaceuticals Completes Accrual of 85 Patients to its Pivotal Phase II Trial of Cloretazine(R) (VNP40101M) in Elderly AML
8. Solvay Pharmaceuticals, Inc. and Wyeth Pharmaceuticals Announce Receipt of an FDA Action Letter for Bifeprunox, an Investigational Treatment for Schizophrenia
9. Callisto Pharmaceuticals Opens Additional Sites for Phase II Clinical Trial of Atiprimod in Advanced Carcinoid Cancer Patients
10. WallSt.net (www.wallst.net) Updates the Investment Community Through an All-New Interview With RegeneRx Biopharmaceuticals CEO
11. Quark Pharmaceuticals, Inc. Presented Positive Preclinical Results of Systemic RNAi Compound for Acute Renal Failure (ARF)
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:12/16/2009)... AARP Illinois Disappointed By Senate Vote Against Lower ... The U.S. Senate on Tuesday night ... Affordable Care Act that would help make prescription ... and legal importation of lower priced drugs from ... and sponsored by Senators Dorgan, Snowe, McCain, Grassley ...
(Date:12/16/2009)... N.J., Dec. 16 MAQUET Cardiovascular ... today announced that it has signed a ... the industry,s leading supply contracting company, for ... Systems. The VASOVIEW products assist healthcare providers ... coronary arteries using only small incisions. This ...
(Date:12/16/2009)... Frost & Sullivan,s ... to speaking at the 2010 International Consumer ... January 9, 2010 in Las Vegas. ... of consumer-based digital health and wellness devices, ... http://www.newscom.com/cgi-bin/prnh/20081117/FSLOGO ) ,, Bujnoch focuses on patient ...
Breaking Medicine Technology:AARP Illinois Key Vote News Alert 2MAQUET Cardiovascular Awarded Three-Year Single Source Contract From Novation for VASOVIEW Endoscopic Vessel Harvesting Devices 2MAQUET Cardiovascular Awarded Three-Year Single Source Contract From Novation for VASOVIEW Endoscopic Vessel Harvesting Devices 3MAQUET Cardiovascular Awarded Three-Year Single Source Contract From Novation for VASOVIEW Endoscopic Vessel Harvesting Devices 4Frost & Sullivan to Speak at 2010 International Consumer Electronics Digital Health Summit 2Childhood cancer survivors experience suicidal thoughts decades after diagnosis 59996 1Childhood cancer survivors experience suicidal thoughts decades after diagnosis 59996 2Childhood cancer survivors experience suicidal thoughts decades after diagnosis 59996 3Analysis of Congressional health reform bills highlights similarities differences costs 59991 1Analysis of Congressional health reform bills highlights similarities differences costs 59991 2Light Touch Helps Grip of MS Patients 59990 1Light Touch Helps Grip of MS Patients 59990 2
... Ellison, Director of Advanced Medical Center, Licensed to ... Administer ... crisis,of methamphetamine use, Dr. Gregory Ellison, Director of Advanced Medical,Center, has ... rates and is performed on an out-patient (versus,in-patient) basis in 10 ...
... and Focus on ... and Epilepsy Indications -, TOKYO, April 11 ... AMPA-type glutamate,receptor antagonist, in development by Eisai for several ... prophylaxis., The AMPA receptor is widely present in ...
Other Medicine Technology:Arizona Doctor Offers New Addiction Drug Treatment for Meth Addicts Showing More Than 60% Success Rate 2Arizona Doctor Offers New Addiction Drug Treatment for Meth Addicts Showing More Than 60% Success Rate 3Status of the E2007 (perampanel) Development Program 2Status of the E2007 (perampanel) Development Program 3Status of the E2007 (perampanel) Development Program 4
(Date:12/16/2009)... Significant Funds to Benefit of Children with Autism and ... Gary Cole and Zachary Levi Join Ben Stiller to ... Dec. 16 At its 13th annual Teddy ... Hasbro President & CEO Brian Goldner ... recognition of his far-reaching philanthropic leadership and commitment to ...
(Date:12/16/2009)... Losing has never felt so good for ... healthy new lifestyle means continuing to make smart choices ... milk is one healthy choice that is an important ... everyone can take. Every glass of milk has nine ... help maintain normal blood pressure, and calcium and vitamin ...
(Date:12/16/2009)... Institute will sponsor a new learning collaborative ... who serve individuals at risk of, or ... plan, medical home and other provider settings. ... webinars on topics, solutions and case studies ... improvement. Each webinar will include a brief ...
(Date:12/16/2009)... ease health and environmental concerns about the emerging nanotechnology ... the behavior of nanoparticles in municipal sewage treatment plants ... was published in ACS, journal Environmental Science & ... for Ecology and Hydrology and colleagues note that experts ... particles less than 1/1000th the width of a human ...
(Date:12/16/2009)... time in half, but use in humans is still far ... improve on nature, researchers have built and tested synthetic versions ... trauma or other cases where blood just won,t stop flowing. ... is used in degradable stitches, which dissolve in the body," ... Case Western Reserve University, and lead author of a report ...
Breaking Medicine News(10 mins):Health News:The Help Group Honors Brian Goldner, Mary Urquhart and Max Mayer at its Teddy Bear Ball Featuring Ben Stiller and Celebrity Guests 2Health News:The Help Group Honors Brian Goldner, Mary Urquhart and Max Mayer at its Teddy Bear Ball Featuring Ben Stiller and Celebrity Guests 3Health News:The Help Group Honors Brian Goldner, Mary Urquhart and Max Mayer at its Teddy Bear Ball Featuring Ben Stiller and Celebrity Guests 4Health News:The Help Group Honors Brian Goldner, Mary Urquhart and Max Mayer at its Teddy Bear Ball Featuring Ben Stiller and Celebrity Guests 5Health News:New Learning Collaborative to Prepare Clinicians for Better Chronic Care 2Health News:New Learning Collaborative to Prepare Clinicians for Better Chronic Care 3Health News:Behavior modification could ease concerns about nanoparticles 2Health News:Synthetic Platelets Put the Brakes on Blood Loss 2Health News:Synthetic Platelets Put the Brakes on Blood Loss 3
... Drain NEW YORK, Jan. 13 New York Blood ... City, Long Island, Hudson Valley and New Jersey) have ... demand for blood (needed for emergency care and surgery) ... donation have been below forecast. Blood supplies have ...
... 13 January is Glaucoma Awareness ... to share about the world,s second-leading ... report from Pfizer Ophthalmics at: ... audio, text, graphics and photos for ...
... CAMBRIDGE, Mass.--Elizabeth Goldring smiles as she shows a visitor photos ... eye. , The demonstration comes more than 20 years after ... Studies, and colleagues began work on a "seeing machine" that ... to access the Internet, view the face of a friend ...
... announced the,formation and launch of its newest operating division. ... experienced and affordable custom,website design and marketing to new ... Dr. Nino Doijashvilli, CEO of ... definite need for this service. Many new practices ...
... Version Increases Physician AccessSUNNYVALE, Calif., Jan. 13 ... of the Pathwork(R) Tissue of Origin Test that ... tissue specimens. This molecular diagnostic test, which aids ... is now available as a service through the ...
... that you have just arrived,on your night shift and you ... Of those, two speak only Spanish. You note ... gathered,around the patient,s door and they appear alarmed. There ... and the hospital medical staff try, in vain,to communicate. , ...
Other Medicine News:Health News:Blood Emergency: Blood Supply Tips Into Danger Zone 2Health News:Blood Emergency: Blood Supply Tips Into Danger Zone 3Health News:Blood Emergency: Blood Supply Tips Into Danger Zone 4Health News:Blood Emergency: Blood Supply Tips Into Danger Zone 5Health News:MIT develops camera for the blind 2Health News:Tulip Systems Launches New Division: Atlanta Medical Websites 2Health News:Pathwork Diagnostics Launches Version of Its Tissue of Origin Test for FFPE Specimens 2Health News:Pathwork Diagnostics Launches Version of Its Tissue of Origin Test for FFPE Specimens 3Health News:Command Spanish Online offers Healthcare Spanish Anytime, Anywhere, and at Your Own Pace 2
Straight shafts with 0.12 mm teeth and 5 mm tying platform. Serrated handle with polished finish. Most popular size or model....
Straight shafts with 1 x 2 teeth and 5 mm tying platform. Serrated handle with dull finish....
Straight shafts with teeth and 6 mm crisscross serrated tying surfaces. Serrated handle with polished finish....
Straight shafts with 1 x 2 teeth. Wide serrated handle with polished finish....
Medicine Products: