Orthovita, Inc. Reports 2010 Fourth Quarter and Year-End Financial Results and Provides 2011 Financial Guidance

Published: Mar 09, 2011

MALVERN, Pa.--(BUSINESS WIRE)--Orthovita, Inc. (NASDAQ: VITA), a specialty spine and orthopedic company with a portfolio of orthobiologic and biosurgery products, reported financial results for the quarter and year ended December 31, 2010. Product sales for the quarter ended December 31, 2010 decreased 4% to $23.4 million compared to $24.4 million for the same period in 2009. Product sales for the year ended December 31, 2010 increased 2% to $94.7 million compared to $92.9 million for 2009.

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