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EXCEL - IDEA: XBRL DOCUMENT - PROGENICS PHARMACEUTICALS INCFinancial_Report.xls
EX-23.1 - EXHIBIT 23.1 CONSENT OF PRICEWATERHOUSECOOPERS - PROGENICS PHARMACEUTICALS INCex23_112312011.htm
EX-32.1 - EXHIBIT 32.1 CERTIFICATION - PROGENICS PHARMACEUTICALS INCex32_112312011.htm
EX-31.1 - EXHIBIT 31.1 CERTIFICATION - PROGENICS PHARMACEUTICALS INCex31_112312011.htm
EX-31.2 - EXHIBIT 31.2 CERTIFICATION - PROGENICS PHARMACEUTICALS INCex31_212312011.htm
EX-32.2 - EXHIBIT 32.2 CERTIFICATION - PROGENICS PHARMACEUTICALS INCex32_212312011.htm
10-K - PROGENICS FORM 10-K DECEMBER 31, 2011 - PROGENICS PHARMACEUTICALS INCform10_k12312011.htm


Exhibit 12.1
 
Progenics Pharmaceuticals, Inc.
Ratio of Earnings (Loss) to Combined Fixed Charges and Preferred Stock Dividends
(in thousands)
 
                                   
   
Years Ended December 31,
 
   
2011
 
2010
 
2009
 
2008
 
2007
 
Determination of earnings (loss):
                     
Income (loss) from operations
 
$
10,381
 
$
(69,820
)
$
(30,612
)
$
(44,672
)
$
(43,688
)
Add:
                     
Fixed charges
 
695
 
709
 
555
 
594
 
483
 
                       
Earnings (loss), as adjusted
 
$
11,076
 
$
(69,111
)
$
(30,057
)
$
(44,078
)
$
(43,205
)
                       
Fixed charges:
                     
                       
Estimate of interest within rental expense
 
695
 
709
 
555
 
594
 
483
 
                       
Fixed charges
 
$
695
 
$
709
 
$
555
 
$
594
 
$
483
 
                       
Preferred stock dividends
 
$
-
 
$
-
 
$
-
 
$
-
 
$
-
 
                       
                                 
Ratio of earnings (loss) to fixed charges and preferred stock dividends
 
16
 
*
 
*
 
*
 
*
 
Coverage deficiency amount for total fixed charges and preferred stock dividends (1)
   
-
 
$
69,820
 
$
30,612
 
$
44,672
 
$
43,688
 
 
______________
(1)       For the years ended 2007 through 2010, the Company’s coverage ratio is less than one-to-one and it must generate additional earnings of these specified amounts to achieve a coverage ratio of 1:1.