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PRESS RELEASE

Pharmion Acquires Cabrellis Pharmaceuticals, Gains Rights to Amrubicin for North America and the European Union
*Amrubicin approved and marketed in Japan for lung cancer
*Pharmion to initiate registration study in US and EU for SCLC in 2H 2007
*NDA and MAA submissions anticipated in 2009


Boulder, CO November 15, 2006 Pharmion Corporation (NASDAQ:PHRM) today announced that it has acquired Cabrellis Pharmaceuticals, a clinical-stage private oncology company dedicated to the development of amrubicin, a third-generation synthetic anthracycline currently in advanced Phase 2 development for small cell lung cancer (SCLC) in North America and the EU.

View the complete press release:   Pharmion Acquires Cabrellis Pharmaceuticals, Gains Rights to Amrubicin for North America and European Union.

 

 

 

 

 

 

 

 

 

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