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WuXi PharmaTech Announces First-Quarter 2011 Results
Date:5/10/2011

marketing expenses

(1,958)

(2,282)

(14%)General and administrative expenses

(12,896)

(10,701)

21%Total operating expenses(14,854)

(12,983)

14%Operating income 19,840

17,435

14%Other income (expenses), net:Other income (expenses), net

1,627

183

*Interest income (expenses), net

831

98

*Total other income (expenses), net2,458

281

*Income before income taxes22,298

17,716

26%Income tax expense

(4,074)

(2,199)

85%Net income18,224

15,517

17%Basic net earnings per ADS0.26

0.22

15%Diluted net earnings per ADS0.24

0.21

16%Weighted average ADS outstanding—basic 70,419,377

69,075,025Weighted average ADS outstanding—diluted74,944,373

74,230,526*  Not meaningful or greater than 100%WUXI PHARMATECH (CAYMAN) INC.RECONCILIATION OF GAAP TO Non-GAAP(in thousands of U.S. dollars, except ADS data and par value data) Three Months Ended March 31,20112010% ChangeGAAP gross profit34,694

30,418

14%GAAP gross margin37%

38%Adjustments:Share-based compensation

975

889

10%Amortization of acquired intangible assets

355

764

(54%)Non-GAAP gross profit36,024

32,071

12%Non-GAAP gross margin39%

40%GAAP operating income19,840

17,435

14%GAAP operating margin21%

22%Adjustments:Share-based compensation

2,937

2,322

26%Amortization of acquired intangible assets

355

764

(54%)Non-GAAP operating income23,132

20,521

13%Non-GAAP operating margin25%

25%GAAP net income18,224

15,517

17%GAAP net margin19%

19%Adjustments:Share-based compensation

2,937

2,322

26%Amortization of acquired intangible as
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SOURCE WuXi PharmaTech (Cayman) Inc
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4. WuXi PharmaTech Schedules Fourth-Quarter 2009 Earnings Release
5. WuXi PharmaTech Passes EMEA Inspection of Its GMP Manufacturing and Analytical Testing Facilities in Shanghai
6. WuXi PharmaTech Enters into Collaboration with J&JPRD, a division of Janssen Pharmaceutica for Preclinical Services and Training
7. WuXi PharmaTech Schedules First-Quarter 2010 Earnings Release
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9. WuXi PharmaTech Appoints Hao Zhou as Chief Financial Officer
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11. WuXi PharmaTech RESCHEDULES Second-Quarter 2010 Earnings Conference Call
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