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www.fdanews.com/articles/81446-panacos-prices-stock-offering-at-10-50-a-share

PANACOS PRICES STOCK OFFERING AT $10.50 A SHARE

October 6, 2005

Panacos Pharmaceuticals Inc. (PANC.O: Quote, Profile, Research) on Thursday said it priced a public offering of 8.25 million shares at $10.50 per share. Panacos expects gross proceeds, before discounts, commissions and expenses, from the offering of $86.6 million. The drugmaker said it expected the offering to close on Oct. 12.

Reuters (http://today.reuters.com/investing/financeArticle.aspx?type=newIssuesNews&storyID=2005-10-06T112749Z_01_WNA9662_RTRIDST_0_HEALTH-PANACOS-URGENT.XML)