Investor Relations - Notes to Financial Statements

1998 Financial Statements

The following information is excerpted from Noven's 1998 Annual Report to Shareholders.

Notes to Financial Statements
Years Ended December 31, 1998, 1997 and 1996

Note 2: Property, Plant and Equipment

Note 3: License Agreements

Note 4: Investment in Vivelle Ventures LLC

Note 5: Note Payable

Note 6: Income Taxes

Note 7: Commitments and Contingencies

Note 8: Stock Options

Note 9: 401(k) Saving Plan

Note 10: Segment, Geographic and Customer Data

Note 11: Unaudited Quarterly Condensed Financial Data