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Derma Sciences Holders OK Reverse Split

November 27, 2009 (FinancialWire) — Derma Sciences, Inc. (OTCBB: DSCI) said that its shareholders have granted Derma Sciences’ board authority to implement a reverse stock split in the range of between one-to-five and one-to-10.

Company CEO Ed Quilty said, “We have filed an application to list our stock on the NASDAQ Global Market or NASDAQ Capital Market. The reverse stock split our stockholders approved at TODAY’s special meeting will enable Derma Sciences to meet the minimum share-price requirements of the NASDAQ listing.”

New Jersey-based Derma Sciences is a specialty medical device and pharmaceutical company focusing on advanced wound care.

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