Samaritan Pharmaceuticals, Inc.'s Subsidiary Certified As A CDE For New Market Tax Credit Program

LAS VEGAS--(BUSINESS WIRE)--Feb. 1, 2006--Samaritan Pharmaceuticals Inc. (AMEX:LIV), a developer of innovative drugs, announced today, its subsidiary Samaritan Pharmaceuticals New Market Tax Credit, Inc. (SPNMTC) has been certified as a CDE (Community Development Entity) by the Community Development Financial Institutions Fund of the United States Treasury (CDFI Fund). CDE Certification allows the company to participate, directly or indirectly, in the Department of the Treasury New Market Tax Credit (NMTC) Program.

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