EX-99 3 ex_1sc13da2-axcan.txt EXHIBIT 1 CUSIP No. 054923107 SCHEDULE 13D Page 18 of 21 EXHIBIT 1 JOINT FILING AGREEMENT The undersigned hereby agree that the statement on Schedule 13D with respect to the common shares, no par value, of Axcan Pharma Inc., dated as of February __, 2004, is, and any amendments thereto (including amendments on Schedule 13G) signed by each of the undersigned shall be, filed on behalf of each of us pursuant to and in accordance with the provisions of Rule 13d-1(k) under the Securities Exchange Act of 1934. Date: February 17, 2004 PERSEUS-SOROS BIOPHARMACEUTICAL FUND, L.P. By: Perseus-Soros Partners, LLC General Partner By: SFM Participation, L.P. Managing Member By: SFM AH LLC General Partner By: Soros Fund Management LLC Managing Member By: /s/ Jodye M. Anzalotta ------------------------------------ Name: Jodye M. Anzalotta Title: Assistant General Counsel PERSEUS-SOROS PARTNERS, LLC By: SFM Participation, L.P. Managing Member By: SFM AH LLC General Partner By: Soros Fund Management LLC Managing Member By: /s/ Jodye M. Anzalotta ------------------------------------ Name: Jodye M. Anzalotta Title: Assistant General Counsel CUSIP No. 054923107 SCHEDULE 13D Page 19 of 21 PERSEUS BIOTECH FUND PARTNERS, LLC By: Perseuspur EC, L.L.C. Managing Member By: Perseuspur, LLC Member By: /s/ Rodd Macklin ------------------------------- Name: Rodd Macklin Title: Secretary and Treasurer SFM PARTICIPATION, L.P. By: SFM AH LLC General Partner By: Soros Fund Management LLC Managing Member By: /s/ Jodye M. Anzalotta ------------------------------------ Name: Jodye M. Anzalotta Title: Assistant General Counsel SFM AH LLC By: Soros Fund Management LLC Managing Member By: /s/ Jodye M. Anzalotta ------------------------------------ Name: Jodye M. Anzalotta Title: Assistant General Counsel PERSEUS EC, L.L.C. By: Perseuspur, LLC Member By: /s/ Rodd Macklin ------------------------------- Name: Rodd Macklin Title: Secretary and Treasurer PERSEUSPUR, LLC By: /s/ Rodd Macklin ------------------------------- Name: Rodd Macklin Title: Secretary and Treasurer CUSIP No. 054923107 SCHEDULE 13D Page 20 of 21 MR. FRANK H. PEARL By: /s/ Rodd Macklin ------------------------------- Name: Rodd Macklin Title: Attorney-in-Fact (1) MR. GEORGE SOROS By: /s/ Jodye M. Anzalotta ------------------------------------ Name: Jodye M. Anzalotta Title: Attorney-in-Fact (2) SOROS FUND MANAGEMENT LLC By: /s/ Jodye M. Anzalotta ------------------------------------ Name: Jodye M. Anzalotta Title: Assistant General Counsel (1) A Power of Attorney, dated April 9, 2003, appointing Rodd Macklin to act on behalf of Frank Pearl has been filed with the Securities and Exchange Commission. (2) A Power of Attorney, dated October 30, 2002, appoints each of Armanda T. Belly, Jodye Anzalotta, John F. Brown, Maryann Canfield, Richard D. Holahan, Jr. and Robert Soros to act on behalf of George Soros has been filed with the Securities and Exchange Commission.