The stem cells preserved by CBR are collected
immediately after the birth of a newborn and are then available to be used in
treatments for the newborn, siblings , and any compatible genetic family
member.

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com/cgi-bin/prnh/20051205/NYM073 )
"More than 400 ,000 cord blood units from over 110,000 clients call this
facility home," CBR's CEO Tom Moore explained . Family banked newborn stem cells are used either for
the donor baby (called autologous transplantation ), or for siblings, parents,
grandparents, or cousins.

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(Photo: http://www. To date, stem cell transplants have been used to treat
80 conditions, including various cancers, blood disorders , and genetic
diseases.

Contact:
Stephanie Schiel
Communications Strategies , Inc.
Axcan shareholders of record at the close of business on January 11,
2005, will be entitled to vote upon matters considered at the meeting.

"Safe Harbor" statement under the Private Securities Litigation Reform
--------------------------------------------------------------- -------
Act of 1995.

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The Science of Tomorrow
"We are entering a new frontier in the science of cord blood
transplantation with recent studies showing potential of this technology in
regenerative medicine.axcan.

They may be visible, like a limp or acne, or invisible, like depression or diabetes.

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"Most mom's are totally unaware and the cord blood is discarded as medical
waste .

In many cases, what doctors do and how kids get better is different than for adults.

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Harris,
CBR 's Scientific Director and Professor of Microbiology and Immunology at the
University of Arizona.
Dr.

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Gosselin, President and Chief Executive Officer of Axcan, and
David W.com . "With the opening of our new
80,000 square foot facility, CBR has set the standard in the cord blood
banking industry with newly designed computer monitoring and tracking systems
to ensure the security of the stem cells , more efficient techniques for
processing samples, and expanded storage facilities with the capacity to house
over 20 million newborn stem cell units in 674 cryogenic vaults. This is such a rapidly changing area with new and
exciting uses for umbilical cord blood being evaluated and researched .

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Representative David Bradley (AZ) Expresses Support for Increased Education on
Cord Blood Options

TUCSON, Ariz. Harris, a pioneer in cord blood banking,
established the first family cord blood stem cell bank in 1992 when he banked
the newborn stem cells for his first child.

About CBR
Cord Blood Registry is a registered trademark of CBR Systems , Inc. It is the leader in newborn
stem cell processing and cryopreservation for familial use in transplantation
and regenerative medicine. Additionally, CBR facilitates collection of donated research samples,
which available for the nearly 200 research programs worldwide that are
focused on stem cell expansion and cell-based therapies. Its common shares are listed on the Toronto Stock Exchange under the
symbol "AXP" and on the NASDAQ National Market under the symbol "AXCA".

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axcan. (ET).com . The Company markets a broad line of prescription products
sold for the treatment of symptoms in a number of gastrointestinal diseases
and disorders such as inflammatory bowel disease, irritable bowel syndrome,
cholestatic liver diseases and complications related to cystic fibrosis.

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Mims, Executive Vice President and Chief Operating Officer of the
Company, will give a corporate overview followed by a question and answer
period. We believe strongly that
parents need to know more about the benefits of family cord blood banking
before their babies are born so they can make an informed decision about this
once-in-a-lifetime opportunity to save their newborns' stem cells," he added. For more
information, visit http://www.
973-635-6669

Rita Kennen
Cord Blood Registry
800-588-6377, ext.
Axcan's products are marketed by its own sales force in North America and
Europe.

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TSX SYMBOL (Toronto Stock Exchange): AXP
NASDAQ SYMBOL (NASDAQ National Market ): AXCA

MONT SAINT-HILAIRE, Quebec, Feb.

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"I suspect that many people are unaware of the benefits of cord blood
banking. Studies have shown a doubling of the survival rate
with cord blood stem cell transplants from a relative compared with stem cells
from unrelated donors. For those who are unable to attend in person, a
webcast of the meeting and management presentation will be available on the
Company's website at http://www.

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Axcan is a leading specialty pharmaceutical company involved in the field
of gastroenterology.

Axcan Pharma to Hold Annual General Meeting of Shareholders February 17 2005

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Cord Blood Registry Opens World's Largest Newborn Stem Cell Facility


Once considered a "waste product," cord blood has now become an accepted
alternative to bone marrow as a source of stem cells for transplantation, and
has been used in more than 6,000 transplants worldwide. The company's research and development is focused on advancing the
collection, processing , and storage methods to optimize quality and cell
yield.


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The Company markets a broad line of prescription products
sold for the treatment of symptoms in a number of gastrointestinal diseases
and disorders such as inflammatory bowel disease, irritable bowel syndrome,
cholestatic liver diseases and complications related to cystic fibrosis.
Axcan's products are marketed by its own sales force in North America and
Europe.


, Cord Blood Registry (CBR), the
largest and most experienced family newborn stem cell bank in the world, along
with Dr. 10 - Axcan Pharma
Inc.
------------

To the extent any statements made in this release contain information
that is not historical, these statements are essentially forward looking
and are subject to risks and uncertainties, including the difficulty of
predicting FDA and other regulatory approvals , acceptance and demand for
new pharmaceutical products, the impact of competitive products and
pricing, new product development and launch, reliance on key strategic
alliances, availability of raw materials, the regulatory environment,
fluctuations in operating results and other risks detailed from time to
time in the Company's filings with the Securities and Exchange Commission
and the Canadian Multijurisdictional Disclosure System.

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Axcan Pharma to host Analyst/Investor Luncheons in Toronto and New-York


The luncheons will also feature Dr.newscom. It is especially important for those with a family history of
certain types of diseases like sickle cell anemia or leukemia and over
75 other diseases that can be successfully treated by stem cells," said
Representative Bradley.

Some conditions happen before a child is born; some occur only in childhood and adolescence .

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Its common shares are listed on the Toronto Stock Exchange under the
symbol "AXP" and on the NASDAQ National Market under the symbol "AXCA". Bradley (AZ), kicked off the opening of the company's new
state -of-the-art facility held here today.

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" He
went on to explain, "Once the cord is discarded, the ability to save the blood
for future uses is gone, so educating women about the merits of saving
umbilical cord blood is the key to increasing the number of women who opt to
bank their babies' blood. This has led to its emerging clinical use in
regenerating brain tissue and treating spinal cord injuries ," said Dr.cordblood.M.

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Leon F.

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TSX SYMBOL (Toronto Stock Exchange): AXP
Nasdaq SYMBOL (Nasdaq National Market): AXCA

MONT SAINT-HILAIRE, Quebec, Feb.
The Meeting will be held at the Centre Mont-Royal in Montreal, 2200 Mansfield
Street, at 10:00 A.

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"Cord blood is a non-controversial and valuable source of stem cells that
are treating a wide variety of diseases everyday. These cells,
collected from umbilical cord blood, are the building blocks of the body's
blood and immune system and the "master cells" that lead to the production of
various types of cells. Once transplanted, the cells have the potential to repair damaged or
diseased tissues with little risk of rejection and increased long-term
survival.com, or call 1-888-CORD BLOOD.

teenshealth malformation

18 - Axcan Pharma
Inc. Francois Martin, Senior Vice
President, Scientific Affairs of Axcan and Dr .

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An audio webcast will be available live on the Axcan website at
http://www., the
world 's largest family newborn stem cell bank.

Problems can affect the brain, the body or both.

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"

Bradley to Introduce New Legislation
State Representative David Bradley agrees, "I plan to sponsor legislation
in Arizona that will facilitate counseling and education about this important
option to expectant women. 239


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("Axcan" or the "Company") announced today its upcoming Analyst/Investor
Luncheons in Toronto (February 22, 2005) and New-York (February 24, 2005). Patrick Colin, Vice President,
Research and Development, who will discuss various development programs in
Axcan's pipeline. David Harris of the University of Arizona, and State Representative
David T . ("Axcan" or the "Company") announced today that it will host its fiscal
2004 Annual General Meeting of Shareholders on Thursday, February 17, 2005.

Axcan is a leading specialty pharmaceutical company involved in the field
of gastroenterology.

Illnesses and disabilities can happen when the human body does not work properly, is exposed to disease or is hurt.

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