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AGOURON PHARMACEUTICALS REPORTS SECOND QUARTER RESULTS

 AGOURON PHARMACEUTICALS REPORTS SECOND QUARTER RESULTS
 SAN DIEGO, Jan. 31 /PRNewswire/ -- Agouron Pharmaceuticals Inc.


(NASDAQ-NMS: AGPH) today announced a net loss for the second quarter and six months ended Dec. 31, 1991 of $2,480,000, or $.40 per common share, and $4,587,000, or $.83 per share, respectively. The net loss recorded in each comparable period of the prior fiscal year was $1,612,000, or $.34 per share, and $3,200,000, or $.71 per share.
 Agouron Pharmaceuticals Inc. is a pioneer and leader in a new technology for the rational design of novel synthetic drugs based upon the molecular structures of proteins which play key roles in human disease. Agouron is currently applying this technology to the design and development of drugs for treatment of cancer, AIDS and other serious diseases.
 AGOURON PHARMACEUTICALS INC.
 Summary Financial Information
 (Dollars in thousands except per share amounts)
 Three Months Ended Six Months Ended
 Dec. 31, Dec. 31,
 1991 1990 1991 1990
 Revenues $1,477 $1,346 $2,573 $2,446
 Net loss ($2,480) ($1,612) ($4,587) ($3,200)
 Net loss per
 common share ($.40) ($.34) ($.83) ($.71)
 Shares used in
 computing net
 loss per
 common share 6,207,000 4,736,500 5,544,000 4,490,900
 -0- 1/31/92
 /CONTACT: Steven S. Cowell, VP and CEO, or Donna Nichols of Agouron Pharmaceuticals, 619-622-3000/
 (AGPH) CO: Agouron Pharmaceuticals ST: California IN: MTC ST: ERN


DM-EH -- SD002 -- 5800 01/31/92 17:00 EST
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Jan 31, 1992
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