EXHIBIT 11

                           DURA PHARMACEUTICALS, INC.
               STATEMENTS RE COMPUTATIONS OF NET INCOME PER SHARE
                     IN THOUSANDS, EXCEPT PER SHARE AMOUNTS
                                   (UNAUDITED)


                                                           THREE MONTHS ENDED                     SIX MONTHS ENDED
                                                                JUNE 30,                               JUNE 30,
                                                        2000                 1999              2000                1999
                                                  ----------------------------------------------------------------------------
                                                                                                  
Net Income per Share - Basic

Net Income                                         $         9,440     $          7,583   $         21,898     $        15,348
                                                  ================     ================   ================    ================

Weighted average number of common shares:
      Common stock                                          44,389               44,085             44,389              44,092
                                                  ================     ================   ================    ================

Net Income per share                               $          0.21     $           0.17   $           0.49     $          0.35
                                                  ================     ================   ================    ================

NET INCOME PER SHARE - DILUTED

Net Income                                         $         9,440     $          7,583   $         21,898     $        15,348
                                                  ================     ================   ================    ================

Weighted average number of common and
  common equivalent shares assuming
  issuance of all dilutive contingent shares:
      Common stock                                          44,389               44,085             44,389              44,092
      Stock options                                            840                  562              1,057                 778
      Warrants                                                 547                  438                556                 458
                                                  ----------------     ----------------   ----------------    ----------------
         Total                                              45,776               45,085             46,002              45,328
                                                  ================     ================   ================    ================

Net Income per share                               $         0.21      $           0.17   $           0.48     $          0.34
                                                  ================     ================   ================    ================