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Nektar's PEGylation Technology Enables Peptide Mimetic, Highlighted by Data Presented at 45th ERA-EDTA Congress
Date:5/12/2008

l manufacturing revenues and royalties from Hematide(TM) will depend on the level of sales by Takeda and Affymax; (iv) Nektar's efforts to develop product candidates based on its PEGylation Technology is subject to numerous scientific, clinical and regulatory risks and the risk of failure is high and can occur at any stage of development; and (v) Nektar's patent applications may fail to issue; patents that have issued may not be enforceable; or unanticipated intellectual property licenses from third parties may be required in the future. Other important risks and uncertainties are detailed in the Nektar's filings with the Securities and Exchange Commission including its most recent Quarterly Report on Form 10-Q filed on May 9, 2008. Actual results could differ materially from the forward-looking statements contained in this press release. Nektar undertakes no obligation to update forward- looking statements, whether as a result of new information, future events, or otherwise.

Contacts:

Tim Warner (650) 283-4915 or twarner@nektar.com

Stephan Herrera (415) 488-7699 or sherrera@nektar.com

Jennifer Ruddock (650) 631-4954 or jruddock@nektar.com

References

(1) MacDougall I. et al, Interim evaluation of long-term safety and

tolerability of Hematide during maintenance treatment of anaemia in

patients with chronic kidney disease, presented on 12 May 2008 at the

45th ERA-EDTA congress, Stockholm, Sweden. SOURCE: Affymax press

release.


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SOURCE Nektar Therapeutics
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