SOURCE: Active Biotech

March 06, 2006 04:02 ET

Active Biotech to Present at the Cowen & Company 26th Annual Health Care Conference

LUND, SWEDEN -- (MARKET WIRE) -- March 6, 2006 --


Stockholm, Sweden - 6 March 2006 - Active Biotech (Stockholm: ACTI.ST) management is scheduled to present at the Cowen & Company 26th Annual Health Care Conference at 8:00 am (US time EST) / 14:00 (Central European Time) on Thursday, 9 March at The Boston Marriott Copley Place in Boston, Massachusetts. During the presentation, management will provide an update on the Active Biotech development program, as well as offer insight into its financial results.

The presentation will include an update on the following drugs: laquinimod, the company's oral MS drug for which it is in partnership with Teva Pharmaceutical Industries Ltd.; ANYARA, Active Biotech's novel concept for the treatment of lung and renal cancer; and other key projects in clinical development, such as TASQ, for prostate cancer; 57-57, for Lupus (SLE); and RhuDex® (licensed to Avidex Ltd.) for rheumatoid arthritis.

The Active Biotech audio and slide presentation will be web cast live on 9 March at 8:00 am EST / 14:00 CET. A replay will be available approximately one hour following the presentation and archived on the company's web site. To access the live and replay presentations, visit the Active Biotech web site - www.activebiotech.com - or the Cowen web site - www.cowen.com.

About Active Biotech

Active Biotech AB is a biotechnology company focusing on research and development of pharmaceuticals. Active Biotech has a strong R&D portfolio with pipeline products focused on autoimmune/inflammatory diseases and cancer. Most advanced projects are laquinimod, an orally administered small molecule with unique immunomodulatory properties for the treatment of multiple sclerosis, as well as ANYARA for use in cancer immunotherapy with the primary indication non-small cell lung cancer. Further key projects in clinical development comprise the three orally administered compounds TASQ for prostate cancer 57-57 for SLE and RhuDex® for RA.


Contacts:

Active Biotech AB
Cecilia Hofvander
P.O. Box 724, SE-220 07 Lund, Sweden
Tel: +46 (0)46-19 20 00
Fax: +46 (0)46-19 20 50

U.S. Investors
Kathy Price / Emmanuelle Ferrer
The Global Consulting Group
Tel: +1-(646) 284-9430 / +1-(646) 284-9421
Email: kprice@hfgcg.com / eferrer@hfgcg.com

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