Inspire Pharmaceuticals Reports Third Quarter 2005 Financial Results

DURHAM, N.C.--(BUSINESS WIRE)--Nov. 8, 2005--Inspire Pharmaceuticals, Inc. (NASDAQ: ISPH) today reported financial results for the third quarter ended September 30, 2005. Total revenue for the third quarter of 2005 was $6.6 million compared to $3.8 million for the third quarter of 2004, reflecting a 73% increase in total co-promotion revenue. This increase is attributed to the continued market penetration of Elestat(R) (epinastine HCl ophthalmic solution) 0.05% and Restasis(R) (cyclosporine ophthalmic emulsion) 0.05% in the United States, accompanied by an increase in the Company's entitled percentage of net sales of Restasis.

Back to news