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Neurocrine Biosciences, Inc. Prices Common Stock Offering
Date:3/5/2010

expected to close on or about March 10, 2010, subject to customary closing conditions.

Jefferies & Company, Inc. is the sole book-running manager for this offering. Neurocrine has granted the underwriter a 30-day option to purchase up to an aggregate of 1,365,000 additional shares of common stock to cover over-allotments, if any. Neurocrine anticipates using the net proceeds from the offering to fund its research and development efforts, and for general corporate purposes, including working capital.

The securities described above are being offered by Neurocrine pursuant to a shelf registration statement previously filed with and declared effective by the Securities and Exchange Commission (the "SEC") on December 3, 2007. A preliminary prospectus supplement related to the offering has been filed with the SEC and is available on the SEC's Web site at http://www.sec.gov. Copies of the final prospectus supplement relating to these securities, when available, may be obtained from Jefferies & Company, Inc., Attention: Syndicate Prospectus Department, 520 Madison Avenue, New York, NY, 10022 and at (888) 449-2342. This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction which such offer, solicitation or sale would be unlawful prior to the registratio
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SOURCE Neurocrine Biosciences, Inc.
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