February 1, 2010 (FinancialWire) — Derma Sciences, Inc. (OTCBB: DSCI), a specialty medical device and pharmaceutical company focused on advanced wound care, said it will implement an eight-for-one reverse split of its issued and outstanding common shares, effective for shareholders of record on February 1, 2010, and a proportional reduction of its authorized common and preferred shares. Immediately after the stock split, Derma Sciences will have 5,039,468 common shares outstanding.

The split is effective on February 1, 2010.

For the 20-day period following implementation of the reverse split, Derma Sciences’ ticker symbol will be “DSCID” to reflect the post-split price. Following that period, the ticker symbol will revert to “DSCI.”

New Jersey-based Derma Sciences is a global manufacturer and marketer of wound care products. Its key product, Medihoney, is sold by Derma Sciences and Comvita New Zealand — the licensor of the product’s honey-based technology.

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