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ISTA Pharmaceuticals Reports Fourth Quarter and Full-Year 2007 Financial Results
Date:3/6/2008

ction of the NDA in order to incorporate this data. The nonclinical and CMC sections of the NDA remain on file, and the Company has been informed these sections are being reviewed as pre-submissions in anticipation of our resubmission of the clinical section. ISTA intends to announce top-line results of the additional clinical data in the second quarter, as well as complete the resubmission of the clinical section in the second quarter. We continue to expect the Xibrom QD NDA to be approved prior to the expiration of the patent on the twice-daily formulation early next year.

"Regarding the T-Pred NDA, we believe the Company's recent communications with the FDA have resulted in substantial progress, and we see a reasonable path forward. This includes an additional clinical study and additional in vitro work that we expect can be completed in four to six months. We are pleased with the progress we have made in the discussions with the FDA, and expect to file the amendment to the NDA as soon as possible after the studies are completed."

Dr. Anido concluded, "We have much to accomplish this year; however, we remain confident ISTA will achieve the goal of profitability in 2009. This commitment has been integrated into our entire organization and will be the theme you hear from me, and from all of ISTA's employees, throughout the year. As a team, we will continue to build sales, establish new physician relationships, and complete the Bepreve clinical studies in order to submit the NDA this year. We are excited about our prospects, and while we know future challenges may arise, we believe we have the people, the strategies, and the right outlook to succeed."

Net Revenue

(in millions, except percentage data)

Year-Ended Year-Ended

December 31, 2007 December 31, 2006 % Change

Xibrom $42.1
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SOURCE ISTA Pharmaceuticals, Inc.
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