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Alexza Pharmaceuticals to Host 2010 Investor/Analyst Day on Thursday, February 18, 2010

Tuesday, February 16, 2010 General News J E 4
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MOUNTAIN VIEW, Calif., Feb. 16 /PRNewswire-FirstCall/ -- Alexza Pharmaceuticals, Inc. (Nasdaq: ALXA) announced today that it will host an investor/analyst meeting on Thursday, February 18, 2010 from 9:00 a.m. - 12:00 p.m. ET, in New York City.

The meeting will include presentations from:

  • Thomas King - President and CEO, Alexza Pharmaceuticals
  • James Cassella, PhD - SVP, Research and Development, Alexza Pharmaceuticals
  • Michael Lesem, MD - Medical Director, Claghorn-Lesem Research Clinic, Houston, Texas
  • Scott Zeller, MD - Chief of Psychiatric Emergency Service, Alameda County Medical Center, Oakland, California; and President-Elect, American Association for Emergency Psychiatry

The invitation-only event will also be webcast live on Alexza's website at www.alexza.com. A replay of the webcast will be available for two weeks following the event. The live and archived webcast are open to all interested parties.

To access the webcast via the Internet, go to www.alexza.com, under the "Investor Relations" link. Please join the webcast at least 15 minutes prior to the start to ensure time for any software downloads that may be required. Interested parties may also pre-register to avoid pre-call delays at https://www.theconferencingservice.com/prereg/key.process?key=P74QXVAWX. Presentation materials for the webcast will also located on the Company's website, prior to the webcast.

To access the live conference call via phone, dial 888.679.8035. International callers may access the live call by dialing 617-213-4848. The reference number to enter the call is 15143611.

The replay of the conference call may be accessed via the Internet, at www.alexza.com, or via phone at 888-286-8010 for domestic callers or 617-801-6888 for international callers. The reference number for the replay of the call is 56699629.

About Alexza Pharmaceuticals, Inc.

Alexza Pharmaceuticals is a pharmaceutical company focused on the research, development and commercialization of novel, proprietary products for the acute treatment of central nervous system conditions. Alexza's technology, the StaccatoŽ system, vaporizes unformulated drug to form a condensation aerosol that, when inhaled, allows for rapid systemic drug delivery through deep lung inhalation. The drug is quickly absorbed through the lungs into the bloodstream, providing speed of therapeutic onset that is comparable to intravenous administration, but with greater ease, patient comfort and convenience.

AZ-004 (Staccato loxapine) is Alexza's lead program, which is being developed for the rapid treatment of agitation in schizophrenic or bipolar disorder patients. Alexza has completed and announced positive results from both of its AZ-004 Phase 3 clinical trials, submitted a New Drug Application submission in December 2009, and has a Prescription Drug User Fee Act (PDUFA) goal date of October 11, 2010. In February 2010, Alexza established a partnership with Biovail Laboratories International SRL, a subsidiary of Biovail Corporation (NYSE: BVF), to develop and commercialize AZ-004 in the U.S. and Canada.

Alexza has completed an end-of-Phase 2 meeting with the FDA for AZ-001 (Staccato prochlorperazine) and has completed two Phase 2 studies with AZ-104 (Staccato loxapine, low-dose). Both product candidates are being developed for the acute treatment of migraine headache.

AZ-002 (Staccato alprazolam) has completed Phase 1 testing and one Phase 2a proof-of-concept clinical trial. Product candidates that have completed Phase 1 testing are AZ-003 (Staccato fentanyl) for the treatment of breakthrough pain, and AZ-007 (Staccato zaleplon) for the treatment of insomnia. More information, including this and past press releases from Alexza, is available online at www.alexza.com.

Safe Harbor Statement

This press release and the anticipated presentations during the investor/analyst day include forward-looking statements regarding the development, therapeutic potential and safety of AZ-004. Any statement describing a product candidate or Alexza's goals, expectations or beliefs is a forward-looking statement, as defined in the Private Securities Litigation Reform Act of 1995, and should be considered an at-risk statement. Such statements are subject to certain risks and uncertainties, particularly those inherent in the process of developing and commercializing drugs. Alexza's forward-looking statements also involve assumptions that, if they prove incorrect, would cause its results to differ materially from those expressed or implied by such forward-looking statements. These and other risks concerning Alexza's business are described in additional detail in Alexza's Annual Report on Form 10-K for the year ended December 31, 2008, and Alexza's other Periodic and Current Reports filed with the Securities and Exchange Commission. Forward-looking statements contained in this announcement are made as of this date, and we undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.

SOURCE Alexza Pharmaceuticals, Inc.

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