DECODE GENETICS ANNOUNCES THIRD QUARTER 2005 FINANCIAL RESULTS

deCODE genetics today reported consolidated financial results for the quarter ended September 30, 2005. A conference call to discuss the quarter's results and recent progress in the company's drug development programs will be webcast live tomorrow, Tuesday, November 8, at 8 a.m. EST/1 p.m. GMT (details below). Revenue for the third quarter 2005 was $13.2 million, compared to $11.0 million for the same period a year ago.

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