SOURCE: SECFilings.com

SECFilings.com

August 04, 2016 09:09 ET

SECFilings.com: OCLS Keeping in Step With Innovation and US Dermatology Market Penetration

REDONDO BEACH, CA--(Marketwired - Aug 4, 2016) - SECFilings.com, a leading financial news and information portal offering free real time public company filing alerts, announces publication of an article examining Oculus Innovative Sciences' (NASDAQ: OCLS) steadily improving performance in the U.S. dermatology market and what that means for the company moving forward.

Shares of Oculus Innovative Sciences (NASDAQ: OCLS) are often volatile around earnings time and this time the reaction was to the downside, even though the company delivered on its guidance from the prior earnings report. More importantly, the company is methodically executing on its business model, underscored by four cornerstones of growth: growing its current U.S. dermatology products, introduction of new products, gentle price increases and building a larger domestic sales force.

In the U.S., product revenues improved 74% from the year earlier quarter to $1.4 million. This was the first full quarter for sales of Oculus' skin repair product Ceramax, which is expected to transition into the company's top selling product. Launched at the end of March, 1,084 Ceramax prescriptions were filled last quarter at an average wholesale acquisition price of $214, marking the best and fastest sales ramp for a company product ever. By all counts from Symphony monthly data, Oculus continues to penetrate the U.S. derm market as it planned. 

To read the full article on SECFilings.com, please click the link or copy and paste the URL into your browser: http://analysis.secfilings.com/articles/43-oculus-innovative-sciences-keeping-in-step-with-innovation-and-us-dermatology-market-penetration

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