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Biotech / Medical : Biotech & Pharma.T.A,
BIB 79.780.0%Dec 31 4:00 PM EST

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To: Jibacoa who wrote (2948)6/21/2010 11:18:07 AM
From: mlkr   of 3722
 
ISTA:TEL AVIV (MarketWatch) -- Ista Pharmaceuticals Inc., /quotes/comstock/15*!ista/quotes/nls/ista (ISTA 2.71, -0.01, -0.37%) the Irvine, Calif., producer of ophthalmic drugs, received clearance from the U.S. Food and Drug Administration to market Bepreve, generically bepotastine besilate, to treat itching in the eye associated with allergic conjunctivitis for patients age 2 and older. In a statement late on Tuesday, Ista said it now expected to be able to recognize revenue from the drug this year. It increased its estimate of full-year 2009 revenue to a range of $104 million to $107 million, while it reiterated that it will be operating-earnings neutral for the year. Early in August, the company pegged revenue for 2009 at $95 million to $100 million.
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