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PharmAthene Reports Year-End 2007 Financial Results
Date:3/31/2008

il 30, 2008.

About PharmAthene, Inc.

PharmAthene (Amex: PIP) was formed to meet the critical needs of the United States and its allies by developing and commercializing medical countermeasures against biological and chemical weapons. PharmAthene's lead programs include Valortim(TM) for the prevention and treatment of anthrax infection and Protexia(R) for the prevention and treatment of morbidity and mortality associated with exposure to chemical nerve agents. For more information on PharmAthene, please visit http://www.PharmAthene.com.

Forward Looking Statements

Except for the historical information presented herein, matters described in this press release, including but not limited to statements with regard to our growth, access to procurement opportunities, new data and applicability thereof to eventual product development, effectiveness of potential products, and matters relating to the proposed acquisition of the assets of Avecia, etc. may constitute forward-looking statements which are within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. In some cases, forward-looking statements can be identified by words such as "believe," "expect," "anticipate," "plan," "potential," "continue" or similar expressions. Forward-looking statements also include the assumptions underlying or relating to any of the foregoing statements. Such forward- looking statements are based upon current expectations or beliefs of management and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward- looking statements including, but not limited to, risks a
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SOURCE PharmAthene, Inc.
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