Axcan Pharma To Present At The CIBC World Markets 5th Annual Institutional Investor Conference

MONT SAINT-HILAIRE, QUEBEC -- (MARKET WIRE) -- September 27, 2006 -- Axcan Pharma Inc. (“Axcan” or the “Company”) (TSX: AXP)(NASDAQ: AXCA) today announced that on Wednesday, October 4, 2006, President and Chief Executive Officer, Frank A.G.M. Verwiel, M.D., will present an overview of the Company at the CIBC World Markets 5th Annual Institutional Investor Conference to be held in Montreal, QC. This presentation will take place at 8:00 a.m. (Eastern time).

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