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BioSpecifics Technologies Corp. Reports Fourth Quarter and Full Year 2009 Financial Results
Date:3/10/2010

LYNBROOK, N.Y., March 10 /PRNewswire-FirstCall/ -- BioSpecifics Technologies Corp. (Nasdaq: BSTC), a biopharmaceutical company developing first in class collagenase-based products, today announced its financial results for the fourth quarter and full year ended December 31, 2009.  

"2009 was a great year for XIAFLEX, highlighted by the recent FDA approval for the treatment of Dupuytren's contracture and its commercial availability on March 8th. We believe the drug has strong market potential as the first and only FDA-approved nonsurgical treatment for patients suffering from this debilitating condition of the hand," said Thomas Wegman, President of BioSpecifics. "We have spent many years dedicated to bringing this drug to the market, and we are very much looking forward to its commercial success now that it's available to patients. We also look forward to the further clinical development of XIAFLEX for Peyronie's disease and frozen shoulder as well as additional promising indications."

Financial Results

The Company reported a net loss of

SOURCE BioSpecifics Technologies Corp.
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