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Active Biotech to Present at the Rodman & Renshaw 8th Annual Healthcare Conference


WEBWIRE

Lund, Sweden - 1 November 2006 - Active Biotech (Stockholm: ACTI.ST) management is scheduled to present at the Rodman & Renshaw Eighth Annual Healthcare Conference on Tuesday, 7 November at 9:10 am EDT / 3:10 pm CET at the New York Palace Hotel in New York City, US. During the presentation, management will provide an update on the Active Biotech development program.



The presentation will include an update on the following drugs: laquinimod, the company’s oral MS drug for which it is in partnership with Teva Pharmaceutical Industries Ltd.; ANYARA, Active Biotech’s novel concept for the treatment of renal and lung cancer; and other key projects in clinical development, such as TASQ, for prostate cancer; 57-57, for Lupus (SLE) and RhuDex® (licensed to Avidex Ltd.) for rheumatoid arthritis. The presentation will also cover the pre-clinical I-3D project, which Active is co-developing with Chelsea Therapeutics.

The Active Biotech audio and slide presentation will be web cast live on 7 November, at 9:10 am EDT / 3:10 pm CET. A replay will be available approximately two hours following the presentation and archived on the company’s web site. To access the live and replay presentations, visit the Active Biotech web site - www.activebiotech.com.

The complete Conference Schedule can be accessed at: www.rodmanandrenshaw.com/Conf19/ConfSchedule.asp?bgcolor=wht

About Active Biotech
Active Biotech AB is a biotechnology company focusing on research and development of pharmaceuticals. Active Biotech has a strong R&D portfolio with pipeline products focused on autoimmune/inflammatory diseases and cancer. Most advanced projects are laquinimod, an orally administered small molecule with unique immunomodulatory properties for the treatment of multiple sclerosis, as well as ANYARA for use in cancer immunotherapy with the primary indication renal cancer. Further key projects comprise the three orally administered compounds in clinical development, TASQ for prostate cancer 57-57 for SLE and RhuDex® for RA as well as the I-3D project in pre-clinical co-development with Chelsea Therapeutics.



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