- NPS reported a net loss of $12.2 million or $0.14 per diluted share for the fourth quarter of 2012, compared to a net loss of $8.6 million or $0.10 per diluted share for the fourth quarter of 2011. For the full year, NPS reported a net loss of $18.7 million in 2012 versus a net loss of $36.3 million in 2011.
- The company’s full-year financial results were positively impacted by $25 million in revenue related to the sale to Amgen of its rights to receive royalties from Amgen for any sales of Sensipar ®/Mimpara ® earned after December 31, 2018.
- Cash and investments totaled $100.7 million at December 31, 2012, compared with $162.2 million at December 31, 2011. The company’s cash and investments balance exceeded its guidance to end the year with at least $92 million of cash and investments.
NPS Pharmaceuticals Reports 2012 Financial Results And 2013 Guidance
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