Amylin Pharmaceuticals Announces BYETTA Revenue
April 20 2006 - 8:00AM
PR Newswire (US)
First Quarter Results and Conference Call Scheduled for April 26
SAN DIEGO, April 20 /PRNewswire-FirstCall/ -- Amylin
Pharmaceuticals, Inc. (NASDAQ:AMLN) today announced that unaudited
net product sales for BYETTA(R) (exenatide) injection for the
quarter ended March 31, 2006 were approximately $68 million. BYETTA
net product sales consist of shipments to the Company's wholesale
customers, net of allowances for prescription coupons, payor
discounts, distribution fees and returns. These net product sales
are being released in conjunction with today's financial results
announced by Eli Lilly and Company, Amylin's collaboration partner
for BYETTA. Conference Call Amylin will webcast its Quarterly
Update Conference Call on April 26, 2006 at 5:00 p.m. ET/2:00 p.m.
PT. The call will be webcast live through Amylin's corporate
website, and a recording will be made available following the close
of the call. Ginger L. Graham, Amylin's President and Chief
Executive Officer will lead the call. During the call, the Company
plans to provide supporting details underlying its first quarter
financial results, and information regarding key trends and
assumptions for the remainder of 2006 operations. For those without
access to the Internet, the live call may be accessed by phone by
calling (866) 700-7441 (domestic) or (617) 213-8839
(international), passcode 30484755. A replay of the call will also
be available by phone for 24 hours beginning approximately one hour
after the close of the call and can be accessed at (888) 286-8010
(domestic) or (617) 801-6888 (international), passcode 10983852.
About Amylin Amylin Pharmaceuticals is a biopharmaceutical company
committed to improving lives through the discovery, development and
commercialization of innovative medicines. This press release
contains forward-looking statements about Amylin, which involve
risks and uncertainties. The Company's actual results could differ
materially from those discussed herein due to a number of risks and
uncertainties, including risks that the Company's final results for
the first quarter of 2006 could differ materially from those
described above as a result of the Company's customary quarterly
financial closing procedures. These and additional risks and
uncertainties are described more fully in the Company's most
recently filed SEC documents, including its prospectus supplement
filed with the SEC on March 30, 2006. Amylin disclaims any
obligation to update these forward-looking statements. DATASOURCE:
Amylin Pharmaceuticals, Inc. CONTACT: Mark Foletta, Senior Vice
President, Finance and Chief Financial Officer of Amylin
Pharmaceuticals, Inc., +1-858-552-2200 Web site:
http://www.amylin.com/
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