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Pharmasset Presents Clevudine and Racivir Data at the International,HIV Drug Resistance Workshop

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Each of these statements is based only on current information, estimates and expectations that are inherently subject to change and involve a number of risks and uncertainties. Forward-looking statements include, but are not limited to: statements about our financial performance; anticipated operating losses, future revenues, research and development expenses; the need for additional financing or our use of proceeds from our initial public offering; product development efforts, in particular with respect to the clinical trial results and regulatory approval of Clevudine, Racivir, R7128 and dexelvucitabine; the initiation, completion or success of preclinical studies and clinical trials; clinical trial initiation and completion dates, anticipated regulatory filing dates and regulatory approval for our product candidates; the commercialization of our product candidates by our collaborators; our collaboration agreement with Roche, including potential milestone or royalty payments thereunder; our intentions regarding the establishment of collaborations or the licensing of product candidates or intellectual property; and our intentions to expand our capabilities and hire additional employees.

Any statement in this press release that is not a statement of historical fact should be considered a forward-looking statement. In some cases, you can identify forward-looking statements by terms such as "project," "believe," "anticipate," "plan," "expect," "estimate," "intend," "potential" or other words that convey uncertainty of future events or outcomes to identify these forward-looking statements. These statements reflect our current views with respect to future events and are based on assumptions and subject to risks and uncertainties. Given these uncertainties, you should not place undue reliance on these forward-looking statements. The forward-looking statements contained herein are made as of the date her
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