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MEDIA ADVISORY - Axcan Pharma to Inaugurate New CAN $15-Million Expansion of Headquarters in Mont-Saint-Hilaire

Sep 14, 2004 - 12:00 ET

MONT SAINT-HILAIRE, Quebec, Sept. 14 / - Mr. Léon F. Gosselin,
President and CEO of Axcan Pharma Inc., invites the news media to the
inauguration of Axcan's newly expanded CAN $15-million headquarters building
in Mont-Saint-Hilaire. Mr. Michel Audet, Quebec Minister of Economic and
Regional Development and Research, will participate in the inauguration along
with locally elected officials and leaders of Quebec's biopharmaceutical and
financial communities.
    The inauguration will take place on Thursday, September 16, 2004, at
11:00 A.M. in the new facility located at 597 Laurier Blvd., Mont-Saint-
Hilaire, Quebec.
    Founded in 1982 at Mont-Saint-Hilaire, Axcan has grown to become one of
the world's leading specialty pharmaceutical companies focused on the field of
gastroenterology. It employs some 400 people located in Quebec, Alabama and
France with projected annual sales of approximately US $240 million for the
fiscal year ended September 30, 2004.


    WHAT :    Inauguration of newly expanded Axcan Headquarters

    WHEN :    Thursday, September 16, 2004
              11:00 A.M.

    WHO :     Léon F. Gosselin, President and CEO, Axcan Pharma Inc.
              Michel Audet, Minister of Economic and Regional Development and

    WHERE:    Axcan Pharma
              597 Laurier Blvd.

Roch Landriault, (514) 843-2345