BioSphere Medical, Inc. Reports Second Quarter 2007 Financial Results

ROCKLAND, Mass.--(BUSINESS WIRE)--BioSphere Medical, Inc. (NASDAQ: BSMD), a medical device company that has pioneered the use of bioengineered microspheres to treat uterine fibroids, hypervascularized tumors and vascular malformations, today reported that total revenues for the second quarter of 2007 increased 24% to a record $6.97 million from total revenues of $5.64 million for the second quarter of 2006. In the second quarter of 2007, revenues in the United States were $5.01 million, compared to revenues of $4.14 million in the second quarter of 2006, an increase of 21%. Revenues outside of the United States were $1.96 million for the second quarter of 2007, compared to $1.50 million for the same period in 2006, an increase of 31%. Global sales of embolic products were $5.92 million in the second quarter of 2007, compared to $4.83 million in the second quarter of 2006, an increase of 23%.

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