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News Breaks
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November 5, 2009
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| 07:07 EDT |  | ISIS |
| theflyonthewall.com: | Isis Pharma projecting to end 2009 in the strongest financial position | | B. Lynne Parshall, COO and CFO commented: "We are projecting to end 2009 in the strongest financial position in our history, maintaining our momentum of strong financial performance with our second year of profitability." Isis is confident that it will meet its 2009 financial guidance of more than $145M of net income and a net operating loss in the low to mid $20M range. Consistent with its guidance and based on its existing and committed cash, Isis expects that its 2009 year-end cash balance will be greater than $550M. :theflyonthewall.com |
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