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Spectral Pharmaceuticals To Provide Company Update At The Rodman & Renshaw Techvest 7th Annual Healthcare Conference


11/3/2005 11:37:26 AM

IRVINE, Calif., Nov. 3 /PRNewswire-FirstCall/ -- Spectrum Pharmaceuticals, Inc. today announced that Dr. Rajesh C. Shrotriya, Chairman, Chief Executive Officer and President of Spectrum Pharmaceuticals, is scheduled to present a corporate overview and update on Monday November 7, 2005 at 9:25 a.m. ET at the Rodman & Renshaw Techvest 7th Annual Healthcare Conference. The presentation will be held in Kennedy II of The New York Palace Hotel, New York, New York.

The presentation will be webcast live and can be accessed from Spectrum Pharmaceuticals' website, www.spectrumpharm.com. A replay of the presentation will also be available at the same site.

About Spectrum Pharmaceuticals

Spectrum Pharmaceuticals is a specialty pharmaceutical company engaged in the business of acquiring, developing and commercializing prescription drug products for the treatment of cancer and other unmet medical needs. By leveraging its operational flexibility and regulatory proficiency, and using the extensive research and development capabilities of its strategic alliance partners, Spectrum has built a diversified portfolio of proprietary and generic drug products in various stages of development and regulatory approval. For more information, please visit our website at www.spectrumpharm.com.

Forward-looking statements

This press release may contain forward-looking statements regarding future events and the future performance of Spectrum Pharmaceuticals that involve risks and uncertainties that could cause actual results to differ materially. These statements include but are not limited to statements that relate to our business and its future, the Company's operational flexibility and regulatory proficiency, the extensive research and development capabilities of the Company's strategic alliance partners, and any statements that relate to the intent, belief, plans or expectations of Spectrum or its management, or that are not a statement of historical fact. Risks that could cause actual results to differ include the possibility that our existing and new drug candidates, may not prove safe or effective, the possibility that our existing and new drug candidates may not receive approval from the FDA, and other regulatory agencies in a timely manner or at all, the possibility that our existing and new drug candidates, if approved, may not be more effective, safer or more cost efficient than competing drugs, the possibility that price and other competitive pressures may make the marketing and sale of our generic drugs not commercially feasible, the possibility that our efforts to acquire or in-license and develop additional drug candidates may fail, our lack of revenues, our limited experience in establishing strategic alliances, our limited marketing experience, our limited experience with the generic drug industry, our dependence on third parties for clinical trials, manufacturing, distribution and quality control and other risks that are described in further detail in the Company's reports filed with the Securities and Exchange Commission.

Contact: Laurie Little Sr. Director, Investor Relations (949) 743-9216

Spectrum Pharmaceuticals, Inc.

CONTACT: Laurie Little, Sr. Director, Investor Relations of SpectrumPharmaceuticals, Inc., +1-949-743-9216


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