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Achillion Pharmaceuticals, Inc.

Achillion Reports 2006 Fourth Quarter and Year-End Financial Results

Published in Health Business Week, April 13th, 2007

Achillion Pharmaceuticals, Inc., (NASDAQ:ACHN) a leader in the discovery and development of small molecule drugs to combat the most challenging infectious diseases, reported financial results for the quarter and year ended December 31, 2006.

For the full year ended December 31, 2006, the Company's net loss was $24.1 million, compared to a net loss of $13.6 million for the year ended December 31, 2005. For the fourth quarter of 2006, the Company reported a net loss of $9.8 million, compared to a net loss of $3.8 million in the fourth quarter of 2005. Cash and cash equivalents and marketable securities at December 31, 2006 were $62.6 million. The Company raised net...

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