MONT-SAINT-HILAIRE, QUEBEC--(Marketwire - January 10, 2008) - Axcan (TSX: AXP)(NASDAQ: AXCA) announced today that it has received early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, relating to the proposed acquisition of Axcan by an affiliate of TPG Capital. In addition, the Commissioner of Competition has issued an advance ruling certificate in connection with the proposed acquisition under the Canadian Competition Act. As a result, the conditions to the closing of the acquisition relating to U.S. and Canadian antitrust approvals are now satisfied.
