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Transcept Pharmaceuticals Reports First Quarter 2009 Financial Results
Date:5/13/2009

ng a publicly traded company and continues to prepare for potential commercialization of Intermezzo(R). The timing and amount of any increase in commercialization expenses will be largely dependent upon the timing of the potential marketing approval of Intermezzo(R) in the United States, the outcome of Transcept efforts to secure a primary care marketing partner in the United States and, if a collaboration is established, the terms and timing of such an event.

Conference Call and Webcast Information

Transcept will hold a conference call and webcast to discuss the results and provide an update on the company's progress towards stated performance goals today at 5:00 PM Eastern Time. Live audio of the conference call will be publicly available by dialing 877-856-1965 (USA) or 719-325-4809 (International). A playback of the call will be available through May 27, 2009 by dialing 888-203-1112 (USA) or 719-457-0820 (International), replay passcode: 4401678. To access the call by live webcast, please log on to the Investor Relations section of the Transcept website at www.transcept.com. An archived version of the webcast will be available at the same location through May 27, 2009.

In the event that any non-GAAP financial information is discussed on the conference call that is not described in this release, related complementary information will be made available on the Investor Relations page of the company's website as soon as practical after the conclusion of the conference call.

About Transcept Pharmaceuticals, Inc.

Transcept Pharmaceuticals, Inc. is a specialty pharmaceutical company focused on the development and commercialization of proprietary products that address important therapeutic needs in neuroscience. On January 30, 2009 Transcept completed a merger with Novacea, Inc. As part of the transaction, Novacea changed
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SOURCE Transcept Pharmaceuticals, Inc.
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