Xanthus Life Sciences Changes Name to Xanthus Pharmaceuticals

Xanthus Life Sciences, Inc. has announced that it has changed its corporate name to Xanthus Pharmaceuticals, Inc. The name change aligns the Company's corporate name with its strategic focus to build a differentiated specialty pharmaceuticals business.

"The last two years' efforts have focused on the development of the Company's clinical pipeline, which today includes two exciting compounds in clinical development and a third expected to enter the clinic later this year," stated Richard T. Dean, Ph.D., President and CEO of Xanthus.

"2006 will be an important building year for the Company as we develop our rapidly evolving pipeline and seek to in-license additional compounds to complement our portfolio."

"As such, we felt a change in our corporate name to Xanthus Pharmaceuticals, Inc. more appropriately describes our strategic focus."