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Questcor Reports 2010 Financial Results
Date:2/23/2011

(1) Because the March 2010 health care legislation made Medicaid Managed Care Organization (Medicaid MCO) prescriptions rebate eligible effective 3/23/10, Questcor has accrued a rebate liability for the Medicaid MCO prescriptions estimated to be filled on or after 3/23/10 . During 2010, the Company did not have the ability to accurately identify every Medicaid MCO prescription so it is possible that some prescriptions identified as "Paid" in the tables above for 2010 may subsequently be reclassified as "Fully Rebated."

(2) "Related Conditions" includes diagnoses that are either alternative descriptions of the condition or are closely related to the medical condition which is the focus of the table. For example, a prescription for "Demyelinating disease of the central nervous system" would be included as an MS related condition for purpose of this table. About 5% of the prescriptions in the tables are for related conditions.

(3) Questcor uses business rules to determine whether a prescription should be classified as new for inclusion in this table. From time to time the Company may modify these rules which could cause some changes to the historic numbers in the table above.

(4)  Totals do not include Acthar provided through free drug programs.

(5) Historical trend information is not necessarily indicative of future results.

"We completed our sales force expansion, from 38 to 77 reps, in the fourth quarter, and are pleased with the caliber of personnel we were able to recruit to Questcor.  Most of our new sales people were hired and trained from September to October, and commenced selling efforts in both MS and IS on November 1," commented Steve Cartt, Executive Vice President and Chief Business Officer.  "We are encouraged by the positive early response to our increased selling activity in MS and are now able to deliver sales calls to more than twice as many MS-treating
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SOURCE Questcor Pharmaceuticals, Inc.
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