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Transcept Pharmaceuticals Reports Third Quarter 2009 Financial Results
Date:11/12/2009

ept to design or successfully carry out additional safety studies in support of potential resubmission of an NDA for Intermezzo®; the sufficiency of the content in the planned resubmission in support of the Intermezzo® NDA; a decision by Purdue to not devote time or resources to support the approval of Intermezzo® or to terminate the Purdue collaboration agreement, even if the Intermezzo® NDA is approved; unforeseen expenses related to efforts in support of FDA approval, general and administrative expenses; other research and development expenses and the business of Transcept generally; dependence on third parties to manufacture Intermezzo®; obtaining, maintaining and protecting the intellectual property incorporated into Intermezzo®; other difficulties or delays in the commercialization of Intermezzo®; and the ability of Transcept to obtain additional funding, if needed, to support its business activities. These and other risks are described in greater detail in the "Risk Factors" section of Transcept periodic reports filed with the SEC. Forward-looking statements do not reflect the potential impact of any future in-licensing, collaborations, acquisitions, mergers, dispositions, joint ventures, or investments Transcept may enter into or make. Transcept does not assume any obligation to update any forward-looking statements, except as required by law.

FINANCIAL TABLES FOLLOW



    Transcept Pharmaceuticals, Inc.
    Statements of Operations
    (Unaudited)

                            Three Months Ended          Nine Months Ended
                               September 30,              September 30,
                            ------------------          -----------------
                             2009         2008          2009          2008
                             ----         ----          ----          ----
    Revenue:
      License fee
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SOURCE Transcept Pharmaceuticals, Inc.
Copyright©2009 PR Newswire.
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