August 6, 2007
Prospector
Profile
07.1144
 
Incyte Corporation NAICS 541710
Route 141 & Henry Clay Road, Building E336 Wilmington, DE 19880 Description Biotechnology
(302) 498-6700 Employees 186
http://www.incyte.com/ Revenue (mil) 27.6400
  Income (mil) -74.1700
  Assets (mil) 353.6000
  Liability (mil) 438.5100
  (for the year ended 2006-12-31)
 
Category: Loss/Deficit
 
Event: Incyte Corp. posted an $18,439,000 net loss on $10,576,000 of total revenues for the second quarter ended June 30, 2007, as compared with a $20,520,000 net loss on $6,855,000 of total revenues for the same period last year. At June 30, 2007, the company's balance sheet showed $308,798,000 in total assets and $428,433,000 in total liabilities, resulting in a $119,635,000 stockholders' deficit.
 
Intellectual Property: The Company has established a patent portfolio of owned or in-licensed patents and patent applications that cover aspects of all its drug candidates, as well as other patents and patent applications that relate to full-length genes and genomics-related technologies obtained as a result of its past high-throughput gene sequencing efforts. The patents and patent applications relating to drug candidates generally include claims directed to the drug candidates, methods of using the drug candidates, formulations of the drug candidates, and methods of manufacturing the drug candidates. The Company has a number of established patent license agreements relating to its gene patent portfolio and genomics-related technology patent portfolio. It is presently receiving royalties and other payments under certain gene and genomics-related patent license agreements. [SEC Filing 10-K 02-28-07]
 
Description: The Company develops proprietary small molecule drugs to treat human immunodeficiency virus, diabetes, oncology, and inflammation diseases.
 
Officers: Richard U. Deschutter (Chair); Paul A. Friedman (CEO); David C. Hastings (CFO); Laurent Chardonnet (VP-Finance & Treas.); Barry M. Ariko (Dir.); Julian C. Baker (Dir.); Paul A. Brooke (Dir.)
 
Auditor: Ernst & Young LLP
 
Securities: Common Stock Symbol INCY; NasdaqGM; 84,212,602 common shares outstanding as of July 27, 2007.
 
 
 
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