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Media Advisory: Axcan Pharma Shareholders to Vote on Transaction With TPG Capital

Jan 24, 2008 - 01:20 ET

MONTREAL, QUEBEC--(Marketwire - Jan. 24, 2008) - The media are invited to a Special Meeting of Axcan Pharma's shareholders where a vote will be held on the previously announced proposed arrangement with TPG Capital. The arrangement stipulates that Axcan Pharma Inc. will be acquired by TPG Capital and its affiliates for US$1.3 billion in cash.

For those who are unable to attend in person, a video webcast of the Special Meeting will be available live on the Company's website at An archive of the video webcast will also be available on the Company's website approximately one hour after the end of this Special Meeting.

Event: Special Meeting of Axcan Pharma's Shareholders on the proposed
arrangement with TPG Capital

Date: Friday, January 25, 2008

Time: 9:30 a.m.

Place: Hotel Omni Mont-Royal
Salle Printemps
1050 Sherbrooke Street West

RSVP: Roch Landriault, or 514-843-2345


Axcan Pharma Inc.
Isabelle Adjahi
Senior Director Investor Relations and Communications
450-467-2600 ext. 2000