EX-12.1 7 d313885dex121.htm STATEMENT OF COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES Statement of Computation of Ratio of Earnings to Fixed Charges

Exhibit 12.1

Medivation, Inc.

Computation of Ratio of Earnings to Fixed Charges

(unaudited - in thousands)

 

     Years Ended December 31,  
     2011     2010     2009     2008     2007  

Earnings

          

Net loss before income taxes

   $ (43,172 )   $ (32,465   $ (46,481   $ (62,470   $ (31,741

Fixed charges

     933        733        933        200        133   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Earnings, as defined

   $ (42,239   $ (31,732   $ (45,548   $ (62,270   $ (31,608
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Fixed Charges

          

Interest component of rentals (1)

   $ 933      $ 733      $ 933      $ 200      $ 133   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total

   $ 933      $ 733      $ 933      $ 200      $ 133   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Deficiency in earnings to cover fixed charges

   $ 43,172      $ 32,465      $ 46,481      $ 62,470      $ 31,741   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Ratio of earnings to fixed charges

     *        *        *        *        *   

 

(1) Represents the estimated portion of operating lease rental expense that is considered by us to be a reasonable representation of interest.
* Because of the deficiency in earnings to cover fixed charges, the ratio information is not applicable.