UBS Hosts Global Specialty Pharmaceuticals Conference

Business Wire, April 18, 2006

WHAT:       The 2006 UBS Global Specialty Pharmaceuticals Conference
            will feature presentations by over 85 pharmaceutical
            companies including drug delivery, generic and other
            specialty pharmaceuticals. The preliminary list of
            presenting companies includes:

Acadia
Acambis plc
Advanced Medical Optics
Aeterna Zentaris
Akorn, Inc.
Alkermes, Inc.
Alliant Pharmaceuticals
Alpharma
American Pharmaceutical Partners, Inc.
Angiotech Pharmaceuticals, Inc.
Antares
Arena Pharmaceuticals
Asiapharma
Auxilium
Axcan Pharma Inc.
Barr Pharmaceuticals, Inc.
Barrier Therapeutics, Inc.
Bavarian Nordic Research A/S
Bentley Pharmaceuticals, Inc.
Biocryst
Bioenvision, Inc.
Biovail Corporation
Cardiome Pharma Corp.
China Shineway Pharmaceutical   Group
CoTherix
Cytrx
DOV Pharmaceuticals, Inc
Durect Corporation
Encysive Pharmaceuticals Inc.
Endo Pharmaceuticals Holdings Inc.
Enzon Pharmaceuticals, Inc.
Eurand S.p.A.
Flamel Technologies S.A.
Geron Corporation
Glenmark Pharmaceuticals Limited
Hi-Tech Pharmacal Co., Inc.
Icagen, Inc.
Indevus
Iomai
Jubilant Organosys Ltd.
Kalbe Farma
King Pharmaceuticals, Inc.
K-V Pharmaceutical Company
LaboPharm Inc.
Ligand Pharmaceuticals Inc.
MannKind Corporation
MGI Pharma, Inc.
Nabi Biopharmaceuticals
Nastech Pharmaceutical Company Inc.
Neose Technologies, Inc.
Neurochem Inc.
New River Pharmaceuticals Inc.
Northfield Laboratories Inc.
Novavax, Inc.
Noven Pharmaceuticals, Inc.
NPS Pharmaceuticals
Ovation Pharmaceutical, Inc.
Pain Therapeutics, Inc.
Paladin Labs, Inc.
Par Pharmaceutical Companies
Pharmion Corporation
Pozen, Inc.
Progenics Pharmaceuticals, Inc.
Prometheus Laboratories Inc.
pSivida
Ranbaxy Laboratories Limited
Salix Pharmaceuticals, Ltd.
Santarus, Inc.
Savient Pharmaceuticals, Inc.
ScinoPharm Taiwan, Ltd.
Scolr
Sepracor Inc.
Shanghai Fosun Pharmaceutical Group
Sirna
SkyePharma PLC
Somaxon Pharmaceuticals, Inc.
Sun Pharmaceuticals Industries
SuperGen, Inc.
The Medicines Company
Valera Pharmaceuticals Inc.
Xanodyne
Zheijiang Hisun Pharmaceutical Company

WHY:        Pharmaceuticals continues to be one of the most rapidly
            growing sectors in healthcare and 2006 will undoubtedly be
            another promising year as consolidation and
            differentiations continues within the sector. The
            conference will feature will address key therapeutic
            topics as well as legislative and regulatory issues that
            continue to impact the pharmaceutical industry.

WHEN:       Monday, April 24 and Tuesday, April 25, 2006

WHERE:      Grand Hyatt New York
            Park Avenue at Grand Central
            New York City

WEBCAST:    Live audio transmissions of company presentations will be
            accessible via the UBS Investment Bank website at
            www.ibb.ubs.com when the conference opens. Replays will be
            available starting approximately three hours after the
            initial presentation and will remain accessible for four
            weeks.

REGISTER:   Members of the media may register for the conference by
            contacting Allison Chin-Leong at
            allison.chin-leong@ubs.com or (212) 882-5693.