DUSA Pharmaceuticals Named to Deloitte's 2009 Technology Fast 500 List of Fastest Growing Companies in North America
October 21 2009 - 5:30AM
PR Newswire (US)
Second Consecutive Year DUSA Has Been Recognized WILMINGTON, Mass.,
Oct. 21 /PRNewswire-FirstCall/ -- DUSA Pharmaceuticals, Inc.(R)
(NASDAQ:DUSA), a specialty pharmaceutical company focused on
dermatology, announced today that it has been named to Deloitte's
Technology Fast 500 list. For the second consecutive year, Deloitte
recognized DUSA as one of the Top 500 fastest growing technology,
media, telecommunications and life sciences companies in North
America in terms of percentage revenue growth over a five year
period. "DUSA is pleased to receive this elite recognition from
Deloitte for the second year in a row," said Bob Doman, DUSA's
President and Chief Executive Officer. "Despite the current
economic environment, clinicians continue to embrace Levulan(R)
Photodynamic Therapy (PDT) based on its clinical efficacy and
patient satisfaction in the treatment of actinic keratoses (AKs)."
Levulan PDT, one of the fastest growing procedures in dermatology,
is currently approved for the treatment of Grade 1 and 2 AKs of the
face and scalp. AKs are the most frequently diagnosed skin disease
by U.S. dermatologists with over 5M treatment visits per year.
Through the first six months of 2009, U.S. PDT revenue grew 22%.
DUSA is also in clinical development of its Levulan PDT technology
platform for the treatment of AKs and the prevention of squamous
cell carcinomas in chronically immunosuppressed solid organ
transplant recipients. Technology Fast 500 Selection and Qualifying
Criteria Technology Fast 500 provides a ranking of the fastest
growing technology, media, telecommunications, life sciences and
clean technology companies in North America. This ranking is
compiled from nominations submitted directly to the Technology Fast
500 website, and public company database research conducted by
Deloitte LLP. Technology Fast 500 award winners for 2009 are
selected based on percentage fiscal year revenue growth during the
five year period from 2004 to 2008. To be considered, Technology
Fast 500 entrants must meet the following criteria: -- Must own
proprietary intellectual property or proprietary technology that
contributes to a significant portion of the company's operating
revenues. -- Base-year operating revenues must be at least $50,000
USD or CD, and current-year operating revenues must be at least $5
million USD or CD. -- Be in business a minimum of five years. -- Be
headquartered in North America. The complete 2009 Deloitte
Technology Fast 500 report is available online:
http://www.deloitte.com/view/en_US/us/Industries/Technology/technologyfast500/
index.htm. About Actinic Keratoses Actinic keratoses are
rough-textured, dry, scaly patches on the skin caused by excessive
exposure to ultraviolet light, such as sunlight. They occur most
frequently on sun exposed areas such as the face, scalp, ears,
neck, hands and arms. They form on the outermost layer of skin and
they can range in color from skin toned to reddish brown. They can
also range in size from as small as a pinhead to larger than a
quarter. About DUSA Pharmaceuticals DUSA Pharmaceuticals, Inc.(R)
is an integrated dermatology pharmaceutical company focused
primarily on the development and marketing of its Levulan(R)
Photodynamic Therapy technology platform, and complementary
dermatology products. Levulan PDT is currently approved for the
treatment of Grade 1 and 2 actinic keratoses of the face and scalp.
DUSA also markets other dermatology products, including
ClindaReach(R). DUSA is researching Levulan PDT for the treatment
of AKs and the reduction of new non-melanoma skin cancer in
chronically immunosuppressed solids organ transplant recipients.
DUSA is based in Wilmington, Mass. Please visit our Web site at
http://www.dusapharma.com/. About Deloitte As used in this
document, "Deloitte" means Deloitte LLP. Please see
http://www.deloitte.com/about for a detailed description of the
legal structure of Deloitte LLP and its subsidiaries. DATASOURCE:
DUSA Pharmaceuticals, Inc. CONTACT: Dayna Hochstein, Media
Relations Contact, Spectrum, +1-202-955-6222 Ext. 2524; or Chad
Rubin, Investor Relations Contact, The Trout Group LLC,
+1-646-378-2947 Web Site: http://www.dusapharma.com/
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