Adam will begin the presentation with a review of the financial results for the second quarter of 2012. Carolyn then will review operations to complete the formal segment of today’s call. At the conclusion of these comments, management will respond to appropriate questions.
Various remarks that management might make during this conference call about future expectations, plans, and prospects for the Company, constitute forward-looking statements for purposes of the Safe Harbor provisions under the Private Securities Litigation Reform Act of 1995. Actual results might differ materially from those indicated by these forward-looking statements as a result of various important factors, including those discussed in our press releases and SEC filings, including our Form 10-K for 2011. Specifically, the information in this conference call related to projections, development plans, and other forward-looking statements is subject to the Safe Harbor.
I now will turn the call over to Adam.
Adam C. DerbyshireThank you, Mike. Total product revenue was $181 million for the second quarter of 2012, a 36% increase compared to $133.2 million for the second quarter of 2011. Total product revenue for the first six months of 2012 was $352.1 million, a 47% increase compared to $239.1 million for the first six-months of 2011. XIFAXAN revenue for the second quarter of 2012 was $116.7 million, a 34% increase compared to $87 million for the second quarter of 2011. XIFAXAN revenue for the first six months of 2012 was $229.6 million, a 37% increase compared to $167.7 million for the first six months of 2011. APRISO revenue for the second quarter of 2012 was $21.8 million, a 45% increase compared to $15 million for the second quarter of 2011. The combined revenue contribution of our most recently-introduced products RELISTOR, SOLESTA and DEFLUX totaled $19.2 million for the second quarter of 2012. Total cost of products sold was $33.3 million for the second quarter of 2012 and $67.4 million for the first six months of 2012 compared to $25.2 million for the second quarter of 2011 and $43.8 million for the first six months of 2011.
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