Pain Therapeutics to Participate at Oppenheimer’s Pain Management Conference

SOUTH SAN FRANCISCO, Calif., Feb. 27 /PRNewswire-FirstCall/ -- Pain Therapeutics, Inc. (Nasdaq: PTIE - News), a biopharmaceutical company, today announced it will participate on a panel discussion on pain management in New York on Tuesday, March 6th at 10:00 a.m. Eastern Time. The conference, sponsored by Oppenheimer & Co., is called "Positioning Investors for the Next Wave in Pain Management."

A live audio webcast of the Pain Therapeutics event will be open to all on our web site, www.paintrials.com. A replay will also be available through March 20, 2007.

About Pain Therapeutics, Inc.

Pain Therapeutics is a biopharmaceutical company that develops novel drugs for pain management and oncology. We have three investigational drug candidates in clinical programs. Remoxy(TM) and PTI-202 are proprietary, abuse-resistant forms of opioid drugs. Oxytrex(TM) is a novel, next-generation painkiller that potentially offers less physical dependence than currently marketed opioid painkillers. We are also developing a novel radio-labeled monoclonal antibody to treat metastatic melanoma, a rare but deadly form of skin cancer. The FDA has not yet evaluated the merits, safety or efficacy of our drug candidates.

Source: Pain Therapeutics, Inc.

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