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Auxilium Pharmaceuticals, Inc. and BioSpecifics Technologies Corp. Announce Plans to Develop Additional Indications using XIAFLEX®
Date:8/31/2011

egulatory milestones, low double digit royalties and a markup of cost of goods on all indications.

"We are pleased that we have reached a mutually beneficial settlement with our partner BioSpecifics, and we are excited to move forward with the development of XIAFLEX in cellulite," said Armando Anido, Chief Executive Officer and President of Auxilium. "We look forward to a close collaboration with BioSpecifics on the development of additional indications that could result in new opportunities for XIAFLEX."

"We are very happy to be collaborating with Auxilium as we explore promising new indications for XIAFLEX that could have significant potential benefit for patients," commented Thomas L. Wegman, President of BioSpecifics. "We are very enthusiastic about the positive study results we have already seen for both human and canine lipoma and look forward to advancing these indications in the clinic as soon as possible."

Auxilium Conference CallAuxilium will hold a conference call tomorrow, September 1, 2011 at 9:00 am ET, to discuss these developments. The presentation slides to be used during the call are now available on the "For Investors" section of the Company's web site under the "Presentations" tab.  A question and answer session will follow the presentation.  The conference call and the presentation slides will be simultaneously web cast on the "For Investors" section of its web site under the "Events" tab.  The conference call will be archived for future review until October 1, 2011.Conference call details: Date:Thursday, September 1, 2011Time:9:00 a.m. ETDial-in (U.S.):866-783-2146Dial-in (International):

857-350-1605Web cast:http://www.auxilium.com Passcode:

AUXILIUMTo access an audio replay of the call:Access number (U.S.):

888-286-8010Access number (International):

617-801-6888Replay Passcode #:

60023335BioSpecifics Conference CallBioSpecifics wi
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SOURCE Auxilium Pharmaceuticals, Inc.
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