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Idenix Pharmaceuticals Restructures to Concentrate Efforts on HCV and HIV Programs
Date:9/28/2007

ed by hepatitis C virus and HIV. For further information about Idenix, please refer to http://www.idenix.com.

Forward-looking Statements

This press release contains "forward-looking statements" within the meaning of The Private Securities Litigation Reform Act of 1995. Such forward- looking statements can be identified by the use of forward-looking terminology such as "will," "to be," "expect," "anticipates," "advance," "believe," or similar expressions and implied statements with respect to Idenix's expected cash position at the end of 2009; duration of its funding abilities based on such cash position; savings as a result of the restructuring; costs and expenses in connection with the restructuring; and its expectations with respect to its clinical development programs, including its HCV and HIV/AIDS programs. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results, performances or achievements expressed or implied by such statements. In particular, management's expectations could be affected by unexpected regulatory actions or delays; uncertainties relating to, or unsuccessful results of, clinical trials, including additional data relating to ongoing clinical trials evaluating its product candidates; the company's ability to obtain additional funding required to conduct its research and development activities; the company's dependence on its collaboration with Novartis Pharma AG; changes in the company's business plan or objectives; the ability of the company to attract and retain qualified personnel; competition in general; the company's ability to obtain, maintain and enforce patent and other intellectual property protection for its other product candidates and its discoveries; and the company's unexpected use of cash. These and other risks which may impact management's expectatio
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SOURCE Idenix Pharmaceuticals, Inc.
Copyright©2007 PR Newswire.
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