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Exhibit 99.1
Contact: | Alexion Pharmaceuticals, Inc. Irving Adler Sr. Director, Corporate Communications 203-271-8210 |
Makovsky & Company Mark Marmur (Media) 212-508-9670 |
Rx Communications Rhonda Chiger (Investors) 917-322-2569 |
Alexion Reports Fourth Quarter and Full Year 2009 Results
CHESHIRE, Conn., Feb 11, 2010 (BUSINESS WIRE) Alexion Pharmaceuticals, Inc. (NASDAQ: ALXN):
Soliris® Net Product Sales Increased 49% to $386.8 Million in 2009
Continued Strong Uptake of Soliris By New Patients in U.S. and Europe in Q4
Soliris Development Programs Advance in aHUS and Transplant
Fourth Quarter 2009 Financial Highlights:
| Q4 2009 revenues increased 43% to $110.6 million, compared to $77.4 million in Q4 2008. |
| Q4 2009 GAAP net income was $237.1 million, or $2.59 per share, which includes $215.5 million from a non-recurring tax benefit. Excluding this one-time tax benefit, net income was $21.6 million, or $0.24 per share. |
| Q4 2009 non-GAAP net income increased to $28.5 million, compared to non-GAAP net income of $21.1 million in Q4 2008. Q4 non-GAAP earnings per share increased 35% to $0.31 per share, compared to $0.23 per share, in Q4 2008. |
2009 Financial Highlights:
| 2009 revenues increased 49% to $386.8 million, compared to $259.1 million in 2008. |
| 2009 GAAP net income was $295.2 million, or $3.26 per share, which includes $215.5 million from a non-recurring tax benefit. Excluding this one-time tax benefit, 2009 net income was $79.7 million, or $0.88 per share. |
| 2009 non-GAAP net income increased to $108.4 million, compared to non-GAAP net income of $56.8 million in 2008. 2009 non-GAAP earnings per share increased 84% to $1.18 per share, compared to $0.64 per share, in 2008. |
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