-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, QBElAFZSYdveci7wZoVMmyS5wT5DBmUnouuc0Jqfgwj//6Wq4b6kEgsl4pK7E0nL iEcM2EE4+YznNn9Gy7FdnA== 0000950123-05-000331.txt : 20050113 0000950123-05-000331.hdr.sgml : 20050113 20050113124541 ACCESSION NUMBER: 0000950123-05-000331 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20050113 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20050113 DATE AS OF CHANGE: 20050113 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DUSA PHARMACEUTICALS INC CENTRAL INDEX KEY: 0000879993 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] IRS NUMBER: 223103129 STATE OF INCORPORATION: NJ FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-31533 FILM NUMBER: 05527562 BUSINESS ADDRESS: STREET 1: 25 UPTON DRIVE CITY: WILMINGTON STATE: MA ZIP: 01887 BUSINESS PHONE: 9786577500 MAIL ADDRESS: STREET 1: 25 UPTON DRIVE CITY: WILMINGTON STATE: MA ZIP: 01887 FORMER COMPANY: FORMER CONFORMED NAME: DEPRENYL USA INC / NJ DATE OF NAME CHANGE: 19930328 8-K 1 y04736e8vk.txt 8-K FORM 8-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): January 13, 2005 DUSA PHARMACEUTICALS, INC. (Exact name of registrant as specified in its charter) NEW JERSEY 0-19777 22-3103129 (State or other (IRS Employer jurisdiction of (Commission Identification incorporation) File Number) Number) 25 UPTON DRIVE WILMINGTON, MASSACHUSETTS 01887 (Address of principal executive offices, including ZIP code) (978) 657-7500 (Registrant's telephone number, including area code) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Securities Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14a-12(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) ITEM 8.01. OTHER EVENTS. DUSA Pharmaceuticals, Inc. ("DUSA") issued a press release on January 13, 2005 attached to and made part of this report, announcing increased fourth quarter (Q4) and full year Levulan(R) Kerastick(R) end-user sales, along with Q4 and full year 2004 BLU-U(R) placements. Except for historical information, this report contains certain forward-looking statements that involve known and unknown risks and uncertainties, which may cause actual results to differ materially from any future results, performance or achievements expressed or implied by the statements made. These forward-looking statements relate to the expectations for the timing of receipt of BLU-U inventory and performance for 2005. Such risks and uncertainties include, but are not limited to, dependence on third-party manufacturers, the Company's ability to continue to penetrate the market, maintenance of its patent portfolio, and other risks identified in our SEC filings from time to time, including those contained in DUSA's Form 10-K for the year ended December 31, 2003. ITEM 9.01. FINANCIAL STATEMENT AND EXHIBITS. 99 Press Release dated January 13, 2005 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. DUSA PHARMACEUTICALS, INC. Dated: January 13, 2005 By: /s/ D. Geoffrey Shulman ---------------------------------- D. Geoffrey Shulman, MD, FRCPC Chairman of the Board and Chief Executive Officer EXHIBIT INDEX 99 Press Release dated January 13, 2005 EX-99 2 y04736exv99.txt PRESS RELEASE EXHIBIT 99 [DUSA LOGO] INNOVATION IN PHOTODYNAMIC THERAPY DUSA PHARMACEUTICALS, INC. (R) FOR RELEASE AT 8:00 A.M. DUSA ANNOUNCES INCREASED FOURTH QUARTER AND 2004 LEVULAN(R) KERASTICK(R) END-USER SALES WILMINGTON, MA. JANUARY 13, 2005 - DUSA Pharmaceuticals, Inc. (NASDAQ NMS: DUSA) today announced increased fourth quarter (Q4) and full year Levulan(R) Kerastick(R) end-user sales, along with Q4 and full year 2004 BLU-U(R) placements. For Q4 2004, end-user Kerastick sales to physicians totaled 26,322, consisting of 22,944 sold in the United States (US), and 3,378 sold by Coherent-AMT, our Canadian marketing and distribution partner. During Q3 2004, Kerastick sales totaled 20,196, including 18,870 in the US and 1,326 in Canada. During Q4 2003, US Kerastick sales totaled 5,478, with no sales in Canada at that time. For full-year 2004, 76,482 Kerastick units were sold, including 69,870 in the US and 6,612 in Canada, versus a total of 11,172 sold during 2003, all in the US. In percentage terms, 2004 Kerastick sales growth from Q3 to Q4 was 30% in total and 22% in the US versus 13% sales growth in total and 18% in the US from Q2 to Q3 2004. Q4 2004 sales vs. Q4 2003 sales were up by 381%, while overall 2004 sales were up 585% vs. 2003 total sales. The net number of BLU-U units placed in doctors' offices during the fourth quarter was 44, consisting of 29 in the US and 15 in Canada. For the full year 2004, 508 BLU-U units (net) were placed and a total of 914 units were in doctor's offices by the end of 2004, consisting of 813 in the US and 101 in Canada, versus 406 at the end of 2003, all of which were installed in the US. As announced previously, BLU-U sales during Q4 were expected to be modest due to inventory supply constraints. We have ordered additional BLU-Us, and expect to be re-supplied prior to the annual meeting of the American Academy of Dermatology in mid-February, 2005. Dr. D. Geoffrey Shulman, DUSA's Chairman and CEO, stated "We are very pleased by the strong quarterly and annual growth in Kerastick sales, reflecting the increasing interest in, and demand for, our therapy. Based on these trends, we are looking forward to making 2005 another successful year." DUSA Pharmaceuticals, Inc. is a biopharmaceutical company engaged primarily in the development of Levulan Photodynamic Therapy (PDT) and Photodetection (PD) for multiple medical conditions, with its primary focus in dermatology. PDT and PD utilize light-activated compounds to induce a therapeutic or detection effect. DUSA maintains offices in Wilmington, MA, Valhalla, NY and Toronto, Ontario. Except for historical information, this news release contains certain forward-looking statements that involve known and unknown risks and uncertainties, which may cause actual results to differ materially from any future results, performance or achievements expressed or implied by the statements made. These forward-looking statements relate to the expectations for the timing of receipt of BLU-U inventory and performance for 2005. Such risks and uncertainties include, but are not limited to, dependence on third-party manufacturers, the Company's ability to continue to penetrate the market, maintenance of its patent portfolio, and other risks identified in our SEC filings from time to time, including those contained in DUSA's Form 10-K for the year ended December 31, 2003. For further information contact: D. GEOFFREY SHULMAN, MD, Chairman and CEO or SHARI LOVELL, Director, Shareholder Services Tel: 416.363.5059 Fax: 416.363.6602 or visit www.dusapharma.com -----END PRIVACY-ENHANCED MESSAGE-----