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Indevus Pharmaceuticals, Inc.

Company's FY2003 highlighted by preparation for launch of trospium in 2004

Published in Medical Device Business Week, January 12th, 2004

Indevus Pharmaceuticals, Inc., (IDEV) announced its consolidated results of operations for the fiscal year and the 3-month periods ended September 30, 2003.

The company reported a consolidated net loss of $31,812,000, or $0.68 per share (basic), for fiscal 2003, compared to a consolidated net loss of $17,586,000, or $0.38 per share (basic), for fiscal 2002. For the 3-month period ended September 30, 2003, the company reported a consolidated net loss of $11,365,000, or $0.24 per share (basic), compared to a consolidated net loss of $4,817,000, or $0.10 per share (basic), for the 3-month period ended September 30, 2002.

The increased net loss for...

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