DUSA Announces Increased First Quarter 2005 Levulan(R) Kerastick(R) And Blu-U(R) End-User Sales.WILMINGTON, Mass. -- DUSA DUSA Deputy Under Secretary of the Army DUSA Deakin University Student Association DUSA Dundee University Students' Association (Scotland) DUSA Designated Unclassified Subject Area Pharmaceuticals, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on NMS See NetWare Management System. :DUSA) today announced increased first quarter (Q1) Levulan(R) Kerastick(R) and BLU-U(R) end-user sales. For Q1 2005, end-user Kerastick sales to physicians totaled 28,704, consisting of 24,900 sold in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. (US), and 3,804 sold by Coherent-AMT, our Canadian marketing and distribution partner, versus 12,054 sold during Q1 2004, all in the U.S.In percentage terms, Q1 2005 Kerastick sales were up by 107% in the U.S. and 138% overall, vs. Q1 2004. As announced previously, we started to receive our new supply of BLU-Us during late January 2005.The net number of BLU-U units placed in doctors' offices during the first quarter was 131, consisting of 100 in the US and 31 in Canada.At the end of Q1 2005, a total of 1,045 units were in doctor's offices, consisting of 913 in the US and 132 in Canada, versus 534 at the end of Q1 2004, almost all of which were installed in the US.Besides meeting current demand, we are building inventory in anticipation of meeting our BLU-U supply needs throughout the year. Dr. D. Geoffrey Shulman, DUSA's Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , stated "We are pleased by the continued overall growth in Kerastick sales and the re-acceleration in BLU-U sales for the quarter. These results reflect the strong interest in, and demand for, our therapy, which we expect to continue to increase as the year progresses, based on the impact of our new sales representatives, as well as our marketing and educational initiatives. As we now have a year of solid performance, starting with this release, we are using the more traditional measure of comparing to sales of the same prior year quarter rather than the previous quarter." DUSA Pharmaceuticals, Inc. is a biopharmaceutical company engaged primarily in the development of Levulan Photodynamic Therapy photodynamic therapy n. A type of phototherapy in which a nontoxic light-sensitive compound that has been injected into a patient is exposed selectively to light, whereupon it becomes toxic to targeted malignant and other diseased cells. (PDT PDT abbr. Pacific Daylight Time PDT Pacific Daylight Time PDT n abbr (US) (= Pacific Daylight Time) → hora de verano del PacĂfico PDT ) and Photodetection (PD) for multiple medical conditions, with its primary focus in dermatology.PDT and PD utilize light-activated compounds to induce a therapeutic or detection effect.DUSA maintains offices in Wilmington, MA, Valhalla, NY and Toronto, Ontario. Except for historical information, this news release contains certain forward-looking statements that involve known and unknown risks and uncertainties, which may cause actual results to differ materially from any future results, performance or achievements expressed or implied by the statements made.These forward-looking statements relate to anticipated BLU-U demand and continuing sales increases for 2005. Such risks and uncertainties include, but are not limited to, dependence on third-party manufacturers, the Company's ability to continue to penetrate the market, maintenance of its patent portfolio, and other risks identified in our SEC filings from time to time, including those contained in DUSA's Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended December 31, 2004. DUSA PHARMACEUTICALS INC. (NASDAQ:DUSA) |
|
||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion