Advanced Magnetics, Inc. To Present at the JP Morgan 25th Annual Healthcare Conference

CAMBRIDGE, Mass., Jan. 2 /PRNewswire-FirstCall/ -- Advanced Magnetics, Inc. today announced that Brian J.G. Pereira, MD, President and CEO of Advanced Magnetics, will present at the 25th Annual JP Morgan Healthcare Conference at 8 a.m. PST, January 9, 2007 at the Westin St. Francis Hotel in San Francisco, CA.

The presentation will be webcast live and can be accessed by logging onto https://events.jpmorgan.com. Viewers should log onto the site approximately five minutes prior to the presentation to register. Under Conference Webcasts, select the JPMorgan Healthcare Conference Link, then click on Advanced Magnetics. The Webcast will be available for approximately 24 hours after the live presentation. A replay of the presentation will also be available on the Investors section of the company’s website at www.advancedmagnetics.com.

About Advanced Magnetics

Advanced Magnetics, Inc. is a developer of superparamagnetic iron oxide nanoparticles used in pharmaceutical products. As a leader in our field, we are dedicated to the development and commercialization of our proprietary nanoparticle technology for use in therapeutic iron compounds to treat anemia, as well as novel imaging agents to aid in the diagnosis of cancer and cardiovascular disease. For more information about us, please visit our website at http://www.advancedmagnetics.com, the content of which is not part of this press release.

Contact: Lynn Kettleson Clarke Communication Group lkettleson@clarkecommgroup.com (978) 463-7952

Advanced Magnetics, Inc.

CONTACT: Lynn Kettleson of Clarke Communication Group, +1-978-463-7952, orlkettleson@clarkecommgroup.com, for Advanced Magnetics, Inc.

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