Astex Pharmaceuticals Reports 2012 Second Quarter Financial Results

DUBLIN, Calif., July 30, 2012 (GLOBE NEWSWIRE) -- Astex Pharmaceuticals, Inc. (Nasdaq:ASTX), today reported financial results for the second quarter ended June 30, 2012. The Company reported net income for the 2012 second quarter of $1.2 million, or $0.01 per basic and diluted share, compared with $903,000, or $0.01 per basic and diluted share, for the same prior year period. The Company reported net income for the six months ended June 30, 2012 of $5.5 million, or $0.06 per basic and $0.05 per diluted share, compared with a net income of $6.4 million, or $0.11 per basic and $0.10 per diluted share, for the same prior year period.

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