CRANBURY, NJ -- (MARKET WIRE) -- April 06, 2007 -- Valera Pharmaceuticals (NASDAQ: VLRX) today announced that it has submitted a request to the NASDAQ Stock Market, Inc. for withdrawal of its common stock from The Nasdaq Global Market following the closing of the proposed merger among Valera, Indevus Pharmaceuticals, Inc. (NASDAQ: IDEV), and a wholly owned subsidiary of Indevus. Valera’s proposed delisting is contingent, among other conditions, upon stockholder approval and closing of the merger. To effect the delisting, Valera will file a Form 25 with the Securities and Exchange Commission and NASDAQ.
