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Biotech / Medical : AXCAN Pharma(AXCA)..A GUT FEELING!

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To: Biomaven who wrote (15)9/1/2000 9:43:42 AM
From: Arthur Radley  Read Replies (1) of 46
 
More good news for AXCA. AXCAN PHARMA INC - Added to TSE 300 Composite Index
Toronto, Ontario, Sep. 01, 2000 (Market News Publishing via COMTEX) -- Axcan Pharma Inc. ("Axcan") is pleased to announce that the Company has been added today to the TSE 300 Composite Index.

"This addition to the TSE 300 is a tremendous recognition of Axcan's progress over the past few years," commented Leon F. Gosselin, President and CEO. "This places us among Canada's leading companies and will definitely increase investor awareness," he added.

The TSE 300 Composite Index was created in 1977 by the Toronto Stock Exchange and is maintained by Standard & Poor's. Comprised of 300 of Canada's larger public companies traded on the Toronto Stock Exchange, the TSE 300 is widely regarded as a barometer of Canadian equity markets. Inclusion in the TSE 300 is made only after review by Standard & Poor's and in accordance with strict criteria.

Axcan is a leading North American pharmaceutical company in the field of gastroenterology. Axcan is the only Canadian pharmaceutical company with its own US sales and marketing organization and its common shares are listed on the Toronto Stock Exchange under the symbol 'AXP' and on the NASDAQ National Market under the symbol "AXCA".

"This press release contains forward-looking statements, which reflect the Corporation's
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