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ISTA Pharmaceuticals Reports Third Quarter 2010 Financial Results
Date:11/2/2010

er 2010, Senju filed for arbitration.  ISTA is currently preparing a response to the International Chamber of Commerce's Court of Arbitration.

There can be no assurances about the duration of the arbitration or appeals that may be filed before, during or after the arbitration process, or how the dispute might be resolved.  ISTA has not paid royalties to Senju on XIBROM revenues for 2010 but has been reserving amounts equal to the XIBROM royalties as if owed. ISTA plans to continue reserving for XIBROM and BROMDAY royalties as if owed until the litigation is resolved.  As a result, ISTA has not taken into account any potential outcome of this litigation in its 2010 management guidance on expected financial results.

Conference Call

ISTA will host a conference call with a simultaneous webcast today, November 2, 2010, at 4:30 PM Eastern Time, to discuss its third quarter 2010 results.  To access the live conference call, U.S. and Canadian participants may dial 866-202-1971; international participants may dial 617-213-8842.  The access code for the live call is 22888741.  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 replay is 97091207.  This conference call also will be webcast live and archived on ISTA's website for 30 days at http://www.istavision.com.

ABOUT ISTA PHARMACEUTICALSISTA Pharmaceuticals, Inc., is the fourth largest and fastest growing branded prescription eye care business in the United States, with an expanding focus on allergy therapeutics.  ISTA currently markets five products, including treatments for ocular inflammation and pain post-cataract surgery, glaucoma and ocular itching associated with allergic conjunctivitis.  The company's development pipeline contains additional candidates in various stages of developme
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SOURCE ISTA Pharmaceuticals, Inc.
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