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Daniel Magilavy, M.D. Joins Rigel as Vice President of Clinical Research
Date:2/26/2008

at the University of Chicago. He is certified by the American Board of Pediatrics, with a subboard in Pediatric Rheumatology; a fellow of the American Academy of Pediatrics; a member of the American College of Rheumatology as well as the American Association of Immunologists. He is a widely published author and coauthor of many research articles relating to his subspecialty and has served on the Research Committee for the Arthritis Foundation, among other notable appointments and recognitions.

About Rigel (http://www.Rigel.com)

Rigel is a clinical-stage drug development company that discovers and develops novel, small-molecule drugs for the treatment of inflammatory/autoimmune diseases and cancer, as well as viral and metabolic diseases. Our goal is to file one new investigational new drug (IND) application in a significant indication each year. Rigel has achieved this goal every year since 2002. Our pioneering research focuses on intracellular signaling pathways and related targets that are critical to disease mechanisms. Rigel's productivity has resulted in strategic collaborations with large pharmaceutical partners to develop and market our product candidates. Rigel has product development programs in inflammatory/autoimmune diseases such as rheumatoid arthritis, thrombocytopenia and asthma, as well as in cancer.

This press release contains "forward-looking" statements, including statements related to the potential efficacy and commercial potential of R788 and R348 and Rigel's plans to pursue further clinical development thereof. Any statements contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements. Words such as "expected," "potential," and similar expressions are intended to identify these forward-looking statements. There are a number of important factors that could cause Rigel's results to differ materially from those indica
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SOURCE Rigel Pharmaceuticals, Inc.
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