POZEN Inc. (NASDAQ: POZN), announced today that the
company, together with a matching contribution from the Plachetka Family
Fund of Triangle Community Foundation, have donated a total of $70,000
to Habitat for Humanity of Orange County (HHOC) (www.orangehabitat.org)
for the construction of a Habitat home in Hillsborough, North Carolina.
The Habitat team, consisting of POZEN employees who are volunteering
their time, will raise the walls on the Habitat home with a
groundbreaking ceremony at 8:30 a.m. on Saturday, September 13, 2008.
“The late Joe Ruvane, former chief executive
officer of Glaxo and one of my co-founders of POZEN, taught me to give
back to the community and to be a good corporate citizen,”
said Dr. John R. Plachetka, POZEN’s chairman,
president and chief executive officer. “In
that spirit, we are pleased to work with HHOC on this project.”
About POZEN
POZEN is a pharmaceutical company committed to developing therapeutic
advancements for diseases with unmet medical needs where it can improve
efficacy, safety, and/or patient convenience. POZEN’s
efforts are focused primarily on the development of pharmaceutical
products for the treatment of acute and chronic pain and other
pain-related conditions. POZEN has development and commercialization
alliances with GlaxoSmithKline for Treximet(TM), which was
approved by the United States Food and Drug Administration for the acute
treatment of migraine attacks, with or without aura, in adults, and with
AstraZeneca for proprietary fixed dose combinations of naproxen with the
proton pump inhibitor esomeprazole magnesium in a single tablet for
conditions such as osteoarthritis and rheumatoid arthritis in patients
who are at risk for developing NSAID-associated gastric ulcers. The
company’s common stock is traded on The Nasdaq
Stock Market under the symbol “POZN”.
For detailed company information, including copies of this and other
press releases, see POZEN’s website: www.pozen.com.
About Habitat
Habitat for Humanity of Orange County (HHOC) is a not-for-profit
ecumenical housing ministry whose primary mission is to change lives by
bringing together God’s people and resources
to help families in need build and own quality affordable homes. Since
1984, HHOC, an affiliate of Habitat for Humanity International, has
built over 160 homes with thousands of local volunteers. For more
information about HHOC, visit www.orangehabitat.org.
Directions to Hillsborough: I-40 West to Exit 261. Turn Right at end of
exit onto Old Chapel Hill/Hillsborough Road. Name changes to Churton
Street North to Hwy 70. Left on Hwy 70/Cornelius Road. Right on Rainey
Street. Pass Fairview Park. Left on Dixie Drive. Right on Harper Street.
Right on Tulip Tree Road. Left onto Locust Road. Look for event signs.
POZEN Inc.
Bill Hodges
Chief Financial Officer
919-913-1030
or
Fran
Barsky
Director, Investor Relations
919-913-1044
