Paladin Labs Inc. Reports Record 2006 Fourth Quarter And Year End Results

MONTREAL, QUEBEC -- (MARKET WIRE) -- February 15, 2007 -- Paladin Labs Inc. (TSX: PLB), a leading Canadian specialty pharmaceutical company, today reported its financial results for the fourth quarter and year ended December 31, 2006. The Company achieved record revenues for the fourth quarter of 2006 and has achieved its 11th consecutive year of record revenues.

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