Axcan Pharma to Present at Scotia Capital Pharmaceutical and Biotechnology Conference in Toronto

2005-04-20

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TSX SYMBOL (Toronto Stock Exchange): AXP NASDAQ SYMBOL (NASDAQ National Market): AXCA

MONT SAINT-HILAIRE, QC, April 20 /CNW Telbec/ - Axcan Pharma Inc. ("Axcan" or the "Company") today announced that on Tuesday, April 26, 2005, its Executive Vice-President and Chief Operating Officer, David W. Mims, will present an overview of the Company at the Scotia Capital Healthcare and Biotechnology Conference held in Toronto. This presentation will take place at 9:45 A.M. ET. Interested parties can access the audio webcast of the presentation on the Company's website at www.axcan.com .

Axcan is a leading specialty pharmaceutical company involved in the field of gastroenterology. The Company markets a broad line of prescription products sold for the treatment of symptoms in a number of gastrointestinal diseases and disorders such as inflammatory bowel disease, irritable bowel syndrome, cholestatic liver diseases and complications related to cystic fibrosis. Axcan's products are marketed by its own sales force in North America and Europe. Its common shares are listed on the Toronto Stock Exchange under the symbol "AXP" and on the NASDAQ National Market under the symbol "AXCA".

"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995.

To the extent any statements made in this release contain information that is not historical, these statements are essentially forward looking and are subject to risks and uncertainties, including the difficulty of predicting FDA and other regulatory approvals, acceptance and demand for new pharmaceutical products, the impact of competitive products and pricing, new product development and launch, reliance on key strategic alliances, availability of raw materials, the regulatory environment, fluctuations in operating results and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission and the Canadian Multijurisdictional Disclosure System.