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Watson Receives Complete Response Letter from FDA for Progesterone Vaginal Gel 8%
Date:2/27/2012

products and/or businesses; changes in the laws and regulations, including Medicaid; the ability to obtain and enforce patents and other intellectual property rights; the impact of competitive products and pricing; the timely and successful negotiation of partnerships or other transactions; the strength of the United States dollar relative to international currencies; competitive economic and regulatory factors in the pharmaceutical and healthcare industry; general economic conditions; and other risks and uncertainties that may be detailed, from time-to-time, in Watson's and Columbia's reports filed with the SEC, including, but not limited to, their Annual Reports on Form 10-K for the year ended December 31, 2011 and December 31, 2010, respectively, and Columbia's Quarterly Report on Form 10-Q for the period ended September 30, 2011.  Neither Columbia nor Watson undertakes any responsibility to revise or update any forward-looking statements contained herein, except as expressly required by law.

CRINONE® is a registered trademark of Watson Pharmaceuticals, Inc.

ContactsFor Columbia Laboratories, Inc.

For Watson Pharmaceuticals, Inc. Investors

InvestorsLawrence A. Gyenes

Patty EisenhaurSVP, Chief Financial Officer & Treasurer

VP, Investor Relations and Corp. Comm. Columbia Laboratories, Inc.

(862) 261-8141(973) 486-8860

 --or--

MediaSeth Lewis

Charlie MayrVP, The Trout Group LLC

SVP, Corporate Affairs(646) 378-2952

(862) 261-8030 

 Media

 Amy Raskopf

 President, Raskopf Communications, LLC

 (917) 673-5775

 (Logo:  http://photos.prnewswire.com/prnh/20100121/LA41294LOGO )


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SOURCE Watson Pharmaceuticals, Inc.
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