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Acologix Announces Relocation


HAYWARD, Calif., Dec. 21, 2004 —Acologix Inc., a privately held biopharmaceutical company, announced today the relocation of its headquarters and R&D functions from Emeryville to a new biotech facility in Hayward, California.

The newly built-out state-of-the-art space was designed specifically for Acologix's needs in its administration and R&D activities for next several years. The initial size is approximately 14,000 square feet and the future expansions are taken into consideration.

"With months of planning, building, and validation complete, I am very pleased that we are finally moving into this nicely designed facility," said Mr. Yoshi Kumagai, President and CEO of Acologix. "While we have demonstrated efficient pharmaceutical development operations within very limited spaces and equipments for past few years, this new facility will further improve the efficiency of the talents in our company. Also, by locating in the middle of the Bay Area, we expect another advantage that we will be able to attract more talents from most parts around the Bay."


About Acologix Inc.

Acologix Inc., now based in Hayward, Calif., is a privately held biopharmaceutical company focused on developing and commercializing novel therapeutics primarily for the treatment of metabolic disorders of kidney and bone that represent significant unmet medical needs. Founded in 1992, the Company's research and development efforts are centered on the body's metabolism of minerals and extracellular matrix molecules. This has led to the identification of unique therapeutic candidates for product development and commercialization. Acologix is seeking strategic development, commercial partnerships and licensees with pharmaceutical and biotechnology companies for several of its programs.

This press release contains "forward-looking" statements. These statements involve risks and uncertainties, which may cause results to differ materially from those set forth in the statements. The forward-looking statements include statements regarding product development and cannot be guaranteed. Acologix undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise. Forward-looking statements in this press release should be evaluated together with the many uncertainties that affect Acologix's business.

Company Contact

Yoshi Kumagai
President & CEO
Acologix, Inc.
3960 Point Eden Way
Hayward, CA 94545
Phone: 510.512.7200
Fax: 510.786.1116

     
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