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Message #27
From: NewsBot
Date: November 22, 2006 04:00:00 AM

SVNT News Savient Pharmaceuticals to Present at Lazard Capital Markets Third Annual Life Sciences Conference

EAST BRUNSWICK, N.J.--(BUSINESS WIRE)--Savient Pharmaceuticals, Inc. (NASDAQ:SVNT), a biopharmaceutical company focused on developing, manufacturing and marketing novel therapeutic products for unmet medical needs, today announced that Christopher Clement, President and Chief Executive Officer of Savient Pharmaceuticals, will present a corporate update at the upcoming Lazard Capital Markets Third Annual Life Sciences Conference. The presentation is scheduled for 8:30 AM (Eastern Time) on Wednesday, November 29, 2006. The event will be held from November 28 - 29, 2006 at the New York Palace Hotel in New York City.

Individuals may listen to a live web cast of the presentation by logging on to the Investor Relations section of Savient Pharmaceuticals’ web site, www.savientpharma.com a few minutes prior to start time to download any necessary software.

About Savient Pharmaceuticals, Inc.

Savient Pharmaceuticals is a biopharmaceutical company engaged in developing, manufacturing and marketing pharmaceutical products that target unmet medical needs in both niche and broader markets. The Company's lead product development candidate, Puricase® (PEG-uricase) for treatment failure gout, has reported positive Phase 1 and 2 clinical data; Phase 3 clinical studies began in May 2006. Savient's experienced management team is committed to advancing its pipeline and expanding its product portfolio by in-licensing late-stage compounds and exploring co-promotion and co-development opportunities that fit the Company's expertise in biopharmaceuticals with an initial focus in rheumatology. Savient also markets Oxandrin® (oxandrolone tablets, USP) CIII in the U.S. Puricase is a registered trademark of Mountain View Pharmaceuticals, Inc. Further information on Savient can be accessed by visiting: www.savientpharma.com.

SVNT-I

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