SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Duty by the Board of DUSA

  SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces Investigation into
  Possible Breaches of Fiduciary Duty by the Board of DUSA Pharmaceuticals
  Inc. in Connection with the Sale of the Company to Sun Pharmaceutical
  Industries Limited

Business Wire

NEW YORK -- November 08, 2012

Levi & Korsinsky is investigating the Board of Directors of DUSA
Pharmaceuticals Inc. (“DUSA” or the “Company”) (Nasdaq: DUSA) for possible
breaches of fiduciary duty and other violations of state law in connection
with the sale of the Company to Sun Pharmaceutical Industries Limited
(Reuters: SUN.BO).

Click here to learn more about the investigation:
http://zlk.9nl.com/dusa-pharmaceuticals-dusa/, or call: 877-363-5972. There is
no cost or obligation to you.

Under the terms of the transaction, DUSA shareholders will receive $8 in cash
for each share of DUSA stock they own, for a total transaction value of
approximately $230 million. The investigation concerns whether the DUSA Board
of Directors breached their fiduciary duties to DUSA stockholders by failing
to adequately shop the Company before entering into this transaction and
whether Sun Pharmaceutical Industries Limited is underpaying for DUSA shares,
thus unlawfully harming DUSA stockholders. In particular, at least one analyst
set a price target for DUSA stock at $9.50 per share.

If you own common stock in DUSA and wish to obtain additional information,
please contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by
telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit
http://zlk.9nl.com/dusa-pharmaceuticals-dusa/.

Levi & Korsinsky is a national firm with offices in New York and Washington
D.C. The firm has extensive expertise in prosecuting securities litigation
involving financial fraud, representing investors throughout the nation in
securities and shareholder lawsuits. The attorneys at Levi & Korsinsky have
been appointed by numerous courts throughout the country to serve as lead
counsel on behalf of shareholders in major securities lawsuits and have
successfully recovered multimillion-dollar damages awards on behalf of
investors. For more information, please feel free to contact any of the
attorneys listed below. Attorney advertising. Prior results do not guarantee
similar outcomes.

Contact:

Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
Tel: 212-363-7500
Toll Free: 877-363-5972
Fax: 212-363-7171
www.zlk.com