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

al product for the treatment of allergy symptoms

2008 Financial Outlook

-- We expect our net revenue for 2008 will be approximately $75 to $82

million.

-- We expect our gross margin for 2008 will be approximately 70% to 73%,

subject to quarterly fluctuations based on revenue mix.

-- Depending upon the progress of our clinical and pre-clinical programs,

we expect our research and development expenses in 2008 will be

approximately $34 to $38 million, including stock-based compensation

expense, which we estimate will be approximately $1.5 to $2 million.

-- We anticipate our selling, general, and administrative expenses for

2008 will be approximately $50 to $54 million, including stock-based

compensation expense, which we estimate will be approximately $2.5 to

$3.5 million.

Conference Call

ISTA will host a conference call with a simultaneous webcast today, March 6, 2008, at 5:00 PM Eastern Time, to discuss its fourth quarter and full-year 2007 results. To access the live conference call, U.S. and Canadian participants may dial 866-831-6270; international participants may dial 617-213-8858. The access code for the live call is 99457780. To access the 24-hour audio replay, U.S. and Canadian participants may dial 888-286-8010; international participants may dial 617-801-6888. The access code for the call is 57762235. This conference call will also be webcast live and archived on ISTA's website for 30 days at http://www.istavision.com.

ABOUT ISTA PHARMACEUTICALS

ISTA Pharmaceuticals is an ophthalmic pharmaceutical company. ISTA's products and product candidates addressing the $4.7 billion U.S. prescription ophthalmic industry include therapies for inflammation, ocular pain, glaucoma, allergy, and dry eye. The Company currently markets three products and is developing a strong
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SOURCE ISTA Pharmaceuticals, Inc.
Copyright©2008 PR Newswire.
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