Derma Sciences Raises $6.1 Million Through Private...(ok for more effective and less toxicways...),Health

Date:4/1/2008

ok for more effective and less toxic ways to deal with the onslaught of 'superbugs' such as MRSA. The proceeds from this private placement will help ensure that we achieve our key strategic initiatives -- to expand our sales force more rapidly and to maximize our growing success with the MEDIHONEY brand."

The private placement is set to fund on April 2, 2008. Quilty emphasized that the Company continues to self-fund its research and product development costs on all other products in its product line, and does not anticipate a further need for finances beyond this one-time push for MEDIHONEY. "The time is right for MEDIHONEY," he said, "and we decided not to wait."

The Company plans to announce results for its 4th quarter and year ended December 31, 2007, this morning as well.

About Derma Sciences

Derma Sciences is a global manufacturer and marketer of advanced wound- care products. Its key product, MEDIHONEY, is sold throughout the world by Derma Sciences and Comvita New Zealand -- the licensor of the patented honey- based technology -- and is the leading brand of honey-based dressings for the management of wounds and burns. The product has been shown to be effective in a variety of wounds and burns, and was recently the focus of two positive large-scale randomized controlled studies on leg ulcers. For more information about Derma Sciences, Inc., visit its home page on the Internet at http://www.dermasciences.com.

Forward-looking Statements

Statements contained in this release that are not statements of historical fact may be deemed to be forward-looking statements. Without limiting the generality of the foregoing, words such as "may," "will," "expect," "believe," "anticipate," "intend," "could," "estimate" or "continue" are intended to identify forward-looking statements. Readers are cautioned that certain important factors may affect the Company's actual results and
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SOURCE Derma Sciences Inc Copyright©2008 PR Newswire. All rights reserved

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