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Ista sees 2007 gross margin of 70-74 percent

Thu Apr 26, 2007 11:43am EDT
 
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April 26 (Reuters) - Ista Pharmaceuticals Inc. (ISTA.O: Quote, Profile, Research, Stock Buzz) on Thursday said it expects its 2007 gross margin of 70 to 74 percent.

In a conference call, the ophthalmic pharmaceutical company said it continues to expect 2007 research and development expense of $24 million to $28 million. (Reporting by Niveditha Ravi in Bangalore)

 

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