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

al of XIAFLEX™ in the United States for Peyronie's disease and the ability of Pfizer to obtain regulatory approval of XIAFLEX™ in its territory for Dupuytren's contracture and Peyronie's disease, which will determine the amount of milestone, royalty and sublicense income payments it may receive; the amount of earn out payments it may receive from DFB Biotech Inc. and its affiliates; whether Auxilium exercises its option under the Company's license and development agreement for additional indications; the potential benefits of its existing license and development agreements; its estimates regarding expenses, future revenue, capital requirements and needs for additional financing; and other factors identified in the Company's Form 10-K for the year ended December 31, 2008 and the Form 10-Q for the quarter ended September 30, 2009 and any subsequent reports filed with the SEC. The Company disclaims any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this press release.

    
    
                           BioSpecifics Technologies Corp.           
                       Consolidated Statements of Operations           
                                                                             
                                  Three months ended      Twelve months ended
                                     December 31              December 31    
                                     -----------              -----------    
                                   2009        2008         2009        2008 
                                     (Unaudited)               (Audited)
    Revenues:                                                                
       Net sales                 $2,841      $7,502      $39,035     $37,343 
       Royalties                415,000     508,099    1,271,
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SOURCE BioSpecifics Technologies Corp.
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