INCY could continue to incur losses in 2013 and in future periods as well. Will they ever make $? Trend is your friend.
INCY had net losses from inception in 1991 through 1996 and in 1999 through December 31, 2012. Because of those losses, we had an accumulated deficit of $1.7 billion as of December 31, 2012. We intend to continue to spend significant amounts on our efforts to discover and develop drugs. As a result, we could continue to incur losses in 2013 and in future periods as well.