Panacos Pharmaceuticals Inc. Reports Second Quarter 2006 Financial Results

WATERTOWN, Mass.--(BUSINESS WIRE)--July 31, 2006--Panacos Pharmaceuticals, Inc. (Nasdaq:PANC), a biotechnology company dedicated to developing the next generation of antiviral therapeutic products, today announced its financial results for the quarter ended June 30, 2006 and reviewed progress in its development programs.

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