Navigation Links
Savient Pharmaceuticals Reports Third Quarter 2011 Financial Results
Date:11/3/2011

EAST BRUNSWICK, N.J., Nov. 3, 2011 /PRNewswire/ -- Savient Pharmaceuticals, Inc. (NASDAQ: SVNT) today reported financial results for the three and nine months ended September 30, 2011, which reflect the Company's continuing investment in the U.S. launch of KRYSTEXXA® (pegloticase). Savient ended the quarter with $202.7 million in cash and short-term investments, a decrease of $37.6 million for the quarter.  For the third quarter of 2011, the Company had a net loss of $27.4 million, or $0.39 per share, on total revenues of $2.6 million, compared with a net loss of $59.4 million, or $0.89 per share, on total revenues of $1.0 million for the same period in 2010.  The net loss for the first nine months of 2011 was $71.2 million, or $1.02 per share, on total revenues of $5.9 million, compared with a net loss of $72.7 million, or $1.09 per share, on total revenues of $3.1 million for the same period in 2010.

"As pioneers in the refractory chronic gout market, we have spent the last several quarters building the foundation to support the commercialization of this one-of-a-kind treatment," said John H. Johnson, Chief Executive Officer and President.  "Through the validation of the importance of our Phase III clinical data published in JAMA and our expanding education programs, we are increasing awareness and understanding of KRYSTEXXA and beginning to change the lives of patients suffering from refractory chronic gout."

Operational Highlights:

  • Data from two pivotal KRYSTEXXA (pegloticase) Phase III clinical trials in patients with refractory chronic gout (RCG) were published in The Journal of the American Medical Association.  The  data published demonstrated that treatment with KRYSTEXXA resulted in significant and sustained reductions in uric acid levels along with clinical improvements in a substantial proportion of RCG patients
    '/>"/>

  • SOURCE Savient Pharmaceuticals, Inc.
    Copyright©2010 PR Newswire.
    All rights reserved

    Page: 1 2 3 4 5 6 7

    Related medicine technology :

    1. Savient Pharmaceuticals to Hold Third Quarter 2011 Financial Results Conference Call on Thursday, November 3, 2011
    2. Savient Pharmaceuticals to Present at the Sixth Annual JMP Securities Healthcare Conference
    3. Savient Pharmaceuticals Names Kenneth J. Zuerblis Chief Financial Officer
    4. Savient Pharmaceuticals Announces Publication of Pivotal Phase III KRYSTEXXA® Data in JAMA Demonstrating Significant Benefits in Refractory Chronic Gout Patients
    5. Savient Pharmaceuticals to Present at the Wedbush Securities 2011 Life Sciences Management Access Conference
    6. Savient Pharmaceuticals Reports Second Quarter 2011 Financial Results
    7. Savient Pharmaceuticals to Hold Second Quarter 2011 Financial Results Conference Call on Thursday, August 4, 2011
    8. Savient Pharmaceuticals Marketing Authorization Application for KRYSTEXXA® Accepted for Review by European Medicines Agency
    9. Savient Pharmaceuticals Reports First Quarter 2011 Financial Results
    10. Savient Pharmaceuticals Submits European Marketing Authorization Application for KRYSTEXXA®
    11. Savient Pharmaceuticals Names Seasoned Pharma Exec Richard Crowley EVP Biopharmaceutical Operations
    Post Your Comments:
    *Name:
    *Comment:
    *Email:
    (Date:8/22/2014)... Aug. 22, 2014 Research and Markets ... and Chinese Intravenous Catheter Industry Report 2014" report ... Chinese Intravenous Catheter Industry Report 2014 is a professional ... global intravenous catheter industry with a focus on the ... of the industry including definitions, classifications, applications and industry ...
    (Date:8/22/2014)... --  Zacks Equity Research highlights Epizyme (Nasdaq: EPZM - ... (Nasdaq: PNRA - Free Report ) as the Bear of ... Therapeutics (Nasdaq: FOLD - Free Report ), Sanofi (NYSE: ... Free Report ). Here is a synopsis of all ... The biotech bull market is far from over ...
    (Date:8/22/2014)... 2014 Research and Markets has ... Particulate Respirators Industry Report 2014" report to their ... Respirators Industry Report 2014 is a professional and in-depth ... respirators industry with a focus on the Chinese situation. ... industry including definitions, classifications, applications and industry chain structure. ...
    Breaking Medicine Technology:Global and Chinese Intravenous Catheter Industry Report 2014 2Epizyme, Panera, Amicus Therapeutics, Sanofi and Shire highlighted as Zacks Bull and Bear of the Day 2Epizyme, Panera, Amicus Therapeutics, Sanofi and Shire highlighted as Zacks Bull and Bear of the Day 3Epizyme, Panera, Amicus Therapeutics, Sanofi and Shire highlighted as Zacks Bull and Bear of the Day 4Epizyme, Panera, Amicus Therapeutics, Sanofi and Shire highlighted as Zacks Bull and Bear of the Day 5Epizyme, Panera, Amicus Therapeutics, Sanofi and Shire highlighted as Zacks Bull and Bear of the Day 6Global and Chinese Particulate Respirators Industry Report 2014 2
    (Date:8/22/2014)... A new, online conference is coming August 25th-29th, 2014 ... and open to everyone. Over 20 top experts will ... on how to stop emotional eating, start eating healthier and ... is not a diet. The concept is about how to ... this, don't eat that" approach. , You can sign up ...
    (Date:8/22/2014)... (PRWEB) August 22, 2014 ItsHot.com, a ... now offering 60-80% off on its range of beautiful ... the purchase of Gold Hearts 14K White Rose Gold ... a discount of 77%. Previously priced at $3,715.00, ... $859.00. The item code of this mesmerizing pendant embedded ...
    (Date:8/22/2014)... Pirate Jonny's Caribbean BBQ ... providing new recipe cards, fun t-shirts, and caps for ... from Clearwater, Florida, Pirate Jonny, aka, Jonathan Toner, founder, ... two to three recipes featuring different flavors of the ... the website. The recipe cards will feature "easy ...
    (Date:8/22/2014)... 22, 2014 Until now, those with leg ... or walkers to keep mobile. Thanks to an inventor from ... more effective. , He developed a prototype for the patent-pending ... leg or foot but provide comfort and reduce pain for ... heights, it is also convenient and easy to install on ...
    (Date:8/22/2014)... The report "Higher Education Market ... Compliance, Campus Technology, Student & Curriculum, Performance Management] ... and segments the global Higher Ed market into ... of market sizes. The report also identifies the ... impacting it along with the adoption trends. ...
    Breaking Medicine News(10 mins):Health News:20 Top Experts Discuss How to Unravel the Food-Mood Connection 2Health News:ItsHot.com Now Offers 60-80% Discount on its Striking Collection of Diamond Heart Pendants 2Health News:Pirate Jonny's Caribbean BBQ Rubs, Seasonings & Sauces Get New Look by Hoisting New Recipe Card Creations and New Clothing Apparel for its Logos 2Health News:Assistive Device for Walking Invented by InventHelp Client (VBL-501) 2Health News:Higher Education Market Worth $65.83 Billion by 2019 - New Report by MarketsandMarkets 2Health News:Higher Education Market Worth $65.83 Billion by 2019 - New Report by MarketsandMarkets 3Health News:Higher Education Market Worth $65.83 Billion by 2019 - New Report by MarketsandMarkets 4
    ... take part in a study of a novel therapy ... 200 patients will be chosen to participate in a ... discoveries published by the California non-profit Autoimmunity Research Foundation ... at West China Hospital. Located at Sichuan University, ...
    ... , , MINNEAPOLIS, July 21 ... a healthy, more productive workforce. However, without employee engagement, even the ... from HealthFitness (NYSE Amex: FIT ) explores how Herbalife ... Wellness For Life program. , , ...
    ... NEW YORK, July 21 Following a string of account wins ... the hire of Ned Russell as EVP, Director of Client Services; a new ... Team. , , Ned joins SSW after ... recently he was VP of Brand Marketing for Las Vegas Sands Corporation for ...
    ... , , CHICAGO and ... ), the leader in software, services, information, and connectivity solutions ... online communication solutions, today announced a strategic agreement to provide ... (EHR) and Practice Management clients nationwide. , ...
    ... ... physicians and patients and creates the largest online network in the U.S. , ... Cary, NC and San ... solutions, today announced that they have acquired Medem,s iHealth suite of services for physicians ...
    ... , BROOKFIELD, Wis., July 21 ... has achieved Premier Certification from Cisco(R). To earn Premier ... service, support and customer satisfaction set forth by Cisco. ... to integrate Cisco,s high-caliber technology into our healthcare safety and ...
    Cached Medicine News:Health News:Study aims to induce recovery from ankylosing spondylitis 2Health News:HealthFitness Helps Herbalife Engage Employees in Wellness Promotion Program Through Strategic Use of Incentives 2Health News:HealthFitness Helps Herbalife Engage Employees in Wellness Promotion Program Through Strategic Use of Incentives 3Health News:Ned Russell Joins Saatchi & Saatchi Wellness 2Health News:Allscripts and Medfusion Partner to Provide Patient Portal to Physician Practices Nationwide 2Health News:Allscripts and Medfusion Partner to Provide Patient Portal to Physician Practices Nationwide 3Health News:Allscripts and Medfusion Partner to Provide Patient Portal to Physician Practices Nationwide 4Health News:Medfusion Acquires Medem's iHealth Services 2Health News:Medfusion Acquires Medem's iHealth Services 3Health News:Medfusion Acquires Medem's iHealth Services 4Health News:RF Technologies Achieves Premier Certification From Cisco in United States 2
    This extended 10 ul combats contamination by keeping your pipettor out of 1.5 ul and 2.0 ul tubes. Utilizes MicroPoint design and 2 ul reference mark....
    ... a primary component of an integrated system ... and slide preparation all strictly controlled ... Processor produces high-quality sample slides featuring thin ... cytology specimen types. It processes 40 slides ...
    ... a safe alternative to using positive displacement ... such as PCR(a), pipetting radioactive materials and ... excellent for tissue culture, gel loading, serological ... aerosol contaminants and liquids from reaching the ...
    ... Packed conveniently in plastic-wrapped racks of ... to useno need to autoclave. Sterilized Diamond ... efficient sterilization and are delivered with a ... irradiation. Sterilized Diamond Tips are certified free ...
    Medicine Products: