Anesiva Announces Completion of Common Stock Offering

Sunday, December 23, 2007 General News
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SOUTH SAN FRANCISCO, Calif., Dec. 21 Anesiva,Inc. (Nasdaq: ANSV) announced today the completion of its public offering of11,111,111 shares of its common stock and the exercise by the underwriters oftheir option to purchase an additional 1,234,568 shares. The gross proceeds,before deducting underwriting discounts and offering expenses, from the saleof the aggregate 12,345,679 shares were approximately $50 million and the netproceeds, after deducting underwriting discounts and offering expenses, wereapproximately $47.7 million.

Pacific Growth Equities, LLC, Broadpoint Capital, Inc. and FortisSecurities LLC acted as underwriters for this offering.

This press release does not constitute an offer to sell or thesolicitation of an offer to buy any of the securities nor shall there be anysale of these securities in any state in which such offer, solicitation orsale would be unlawful prior to registration or qualification under thesecurities laws of any such state. This offering of shares of common stock maybe made only by means of a prospectus supplement and accompanying prospectus.Copies of the prospectus supplement and accompanying prospectus relating tothe offering may be obtained from Pacific Growth Equities, LLC at One BushStreet, Suite 1700, San Francisco, CA, 94104.

SOURCE Anesiva, Inc.


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