IMPAX TO PRESENT AT WALL STREET ANALYST FORUM INSTITUTIONAL INVESTOR CONFERENCE BUSINESS EDITORS/HEALTH & MEDICAL WRITERS HAYWARD, CALIF.--(BW HEALTHWIRE)--FEB. 12, 2001--IMPAX LABORATORIES INC. 
   HAYWARD, Calif.--(BW HealthWire)--Feb. 12, 2001--IMPAX Laboratories Inc. (Nasdaq NM: IPXL.O) today announced that the Company will present at the Wall Street Analyst Forum's Institutional Investor Conference on Wednesday, February 14, 2001 at 1:50 p.m. (EST).     The conference will be held at The Roosevelt Hotel in New York and attendees will include institutional money managers and analysts. Barry R. Edwards, co-chief executive officer, Larry Hsu, president and chief operating officer and Cornel C. Spiegler, CFO, will represent the Company.     Individuals interested in listening to the presentation via the Internet webcast may do so by visiting IMPAX's website (www.impaxlabs.com). The audio will be archived on the site for 90 days following the conference.     IMPAX currently has eight Abbreviated New Drug Applications pending at the U.S. Food and Drug Administration that address more than $5.6 billion in U.S. branded product sales. Seven of these filings were made under Paragraph IV of the Hatch-Waxman Amendments.     IMPAX Laboratories, Inc. is a technology based specialty pharmaceutical company applying its formulation expertise and drug delivery technology to the development of controlled-release and niche generics in addition to the to the development of branded products. IMPAX markets its generic products through its Global Pharmaceuticals division and intends to market its branded products through the IMPAX Pharmaceuticals division. IMPAX Laboratories is headquartered in Hayward, California, and has a full range of capabilities in its Hayward and Philadelphia facilities. For more information, please visit the Company's Web site at www.impaxlabs.com.
      "Safe Harbor" statement under the Private Securities Litigation     Reform Act
      To the extent any statements made in this news release contain information that is not historical, these statements are essentially forward-looking and are subject to risks and uncertainties, including the difficulty ofpredicting FDA filings and 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, uncertainty of patent litigation filed against us, 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.
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      CONTACT: Company Contacts:               IMPAX Laboratories, Inc.                                             Barry R. Edwards, 215/289-2220 Ext. 371              Co-CEO                                             Larry Hsu, 510/471-3600 Ext. 354              Ph.D. Pres. & COO                                         Cornel C. Spiegler, 215/289-2220 Ext.306              CFO                                              www.impaxlabs.com                     or              Investor Relations Contacts:                            Lippert/Heilshorn & Associates, Inc.                    Kim Sutton Golodetz, 212/838-3777              kgolodetz@lhai.com              Bruce Voss, 310/691-7100              bvoss@lhai.com              www.lhai.com                                                                               KEYWORD: CALIFORNIA NEW YORK |