May 9, 2018 / 12:15 PM / in 6 months

BRIEF-Biospecifics Technologies Reports Q1 Earnings Per Share $0.54

May 9 (Reuters) - Biospecifics Technologies Corp:

* BIOSPECIFICS TECHNOLOGIES CORP. REPORTS FIRST QUARTER 2018 FINANCIAL RESULTS

* Q1 REVENUE $7.1 MILLION VERSUS $7.7 MILLION

* BIOSPECIFICS - AS OF MARCH 31, 2018, CO HAD CASH AND CASH EQUIVALENTS AND INVESTMENTS OF $64.2 MILLION, COMPARED TO $65.1 MILLION AS OF DEC 31, 2017

* BIOSPECIFICS - CO’S CASH, CASH EQUIVALENTS WERE SLIGHTLY LOWER DUE TO THE TIMING OF ENDO’S PAYMENT OF ITS QTRLY XIAFLEX ROYALTIES Source text for Eikon: Further company coverage:

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