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125 Indevus Sales Representatives to Provide Community Service in New Orleans for Jericho Road Episcopal Housing Initiative
Date:3/20/2008

rican Dream of home ownership."

About Indevus Pharmaceuticals, Inc.

Indevus Pharmaceuticals, Inc. is a specialty pharmaceutical company engaged in the acquisition, development and commercialization of products to treat conditions in urology and endocrinology. The Company's approved products include SANCTURA XR(TM) and SANCTURA(R) for overactive bladder, VANTAS(R) for advanced prostate cancer, SUPPRELIN(R) LA for central precocious puberty, and DELATESTRYL(R) to treat male hypogonadism. The Indevus development pipeline contains multiple compounds within the Company's core therapeutic areas in addition to several partnered or partnerable programs. The most advanced compounds in development include, VALSTAR(TM) for bladder cancer, NEBIDO(R) for male hypogonadism, PRO 2000 for the prevention of infection by HIV and other sexually-transmitted pathogens, octreotide for acromegaly, and pagoclone for stuttering.

About the Jericho Road Episcopal Housing Initiative

The Jericho Road Episcopal Housing Initiative creates quality homes for families in the City of New Orleans. Jericho Road was formed in March 2006 and is a partnership of the Episcopal Diocese of Louisiana and Episcopal Relief and Development (ERD). ERD, the international relief and development agency of the Episcopal Church, focuses on three program areas- emergency relief and rebuilding, food security and primary health. ERD is providing technical support to Jericho Road and supplied the initial funding totaling $2.3 million which will be used for administrative management, property acquisition, and construction. The funding from ERD combined with planned financing from various community development corporations will result in an investment in the New Orleans Central City neighborhood of over $20 million.

Forward Looking Statements

Except for the descriptions of historical facts contained herein, this press release contains forward-looking statements that involve risks an
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SOURCE Indevus Pharmaceuticals, Inc.
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