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Cubist Pharmaceuticals, Inc.

Company reports Q4 Cubicin revenues of $21.0M, year-end net revenue of $58.6M

Published in Drug Law Weekly, February 8th, 2005

Cubist Pharmaceuticals, Inc., (CBST) announced $21.0 million in net revenue (unaudited) for its flagship antibiotic product Cubicin (daptomycin for injection) during the fourth full quarter since launch.

This is an increase of 17%, or $3 million, from third-quarter 2004 Cubicin revenue. Full 2004 year-end net revenues were $58.6 million (unaudited) which is in the high end of the company's 2004 earnings revenue guidance of $55-60 million.

Michael W. Bonney, president and CEO, stated, "With just over a full year of sales now completed, we take great pride in the confirmation that the launch of Cubicin is in fact the most successful IV [intravenous]...

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