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

and development5,8588,95817,31522,521Selling, general and administrative22,2687,26562,76116,76432,71016,64486,08440,283Operating loss(30,129)(15,656)(80,229)(37,215)Investment income, net393310782Interest expense on convertible notes(3,406)—(11,393)—Other (expense) income, net(141)(43,729)1,289(35,525)Loss before income taxes(33,637)(59,352)(90,226)(72,658)Income tax benefit(6,245)—(19,055)—Net loss$

(27,392)$

(59,352)$

(71,171)$

(72,658)Loss per common share:Basic and diluted$

(0.39)$

(0.89)$

(1.02)$

(1.09)Weighted-average number of common and common equivalent shares:Basic and diluted70,12267,04770,03766,773Contact:Mary Coleman

Kelly Sullivan / Jennifer FriedmanSavient Pharmaceuticals, Inc.

Joele Frank, Wilkinson Brimmer Katcherinformation@savient.com

ksullivan@joelefrank.com / jfriedman@joelefrank.com
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SOURCE Savient Pharmaceuticals, Inc.
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