EX-99.1 2 ex9901.htm
    EXHIBIT 99.01
  Hampshire International Business Park
Chineham Basingstoke
Hampshire RG24 8EP
United Kingdom
Tel +44 (0)1256 894000
Fax +44 (0)1256 894708
www.shire.com
     
  Press Release  
     

Share Price Movement

Basingstoke, UK and Philadelphia, US – August 18, 2005 – Shire Pharmaceuticals Group plc (LSE: SHP, NASDAQ: SHPGY, TSX: SHQ) notes the recent movement in its share price and the speculation regarding possible negotiations between Shire and Barr Pharmaceuticals Inc ("Barr").

Shire is currently involved in litigation with Barr concerning Barr's efforts to market a generic version of Shire's ADDERALL XR® drug prior to the expiration of the Shire patents relating to this drug. Shire continues to defend its patents for ADDERALL XR, which are not set to expire prior to 2018.

Shire continues to review all options with respect to this litigation, and has not ruled out the possibility of settling this litigation or entering into an agreement with Barr that would result in Barr's ability to launch a generic version of ADDERALL XR prior to 2018. To that end, Shire confirms that there have been very preliminary discussions with Barr.

Given the very preliminary nature of the discussions, it is not possible to form any judgment as to the likelihood of reaching any agreement with Barr.

For further information please contact:

Investor Relations   Cléa Rosenfeld (Rest of the World)   +44 1256 894 160
  Brian Piper (North America)   +1 484 595 8252
         
Media   Jessica Mann (Rest of the World)   +44 1256 894 280
  Matthew Cabrey (North America)   +1 484 595 8248

Registered in England 2883758 Registered Office as above





Notes to editors

Shire Pharmaceuticals Group plc

Shire Pharmaceuticals Group plc (Shire) is a global specialty pharmaceutical company with a strategic focus on meeting the needs of the specialist physician and currently focuses on developing and marketing products in the areas of central nervous system (CNS), gastrointestinal (GI), and renal diseases. Shire has operations in the world’s key pharmaceutical markets (US, Canada, UK, France, Italy, Spain and Germany) as well as a specialist drug delivery unit in the US.

For further information on Shire, please visit the Company’s website: www.shire.com.

"SAFE HARBOR" STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995

Statements included herein that are not historical facts are forward-looking statements. Such forward-looking statements involve a number of risks and uncertainties and are subject to change at any time. In the event such risks or uncertainties materialize, Shire's results could be materially affected. The risks and uncertainties include, but are not limited to, risks associated with the inherent uncertainty of pharmaceutical research, product development, manufacturing and commercialization, the impact of competitive products, including, but not limited to, the impact of those on Shire's Attention Deficit and Hyperactivity Disorder (ADHD) franchise, patents, including but not limited to, legal challenges relating to Shire's ADHD franchise, government regulation and approval, including but not limited to Health Canada's suspension of ADDERALL XR® sales in Canada and the expected product approval dates of MTS (METHYPATCH) (ADHD), SPD503 (ADHD), SPD465 (ADHD), SPD476 (ulcerative colitis) and NRP104 (ADHD), including its scheduling classification by the Drug Enforcement Agency in the United States, Shire’s ability to benefit from its acquisition of TKT, Shire's ability to secure new products for commercialization and/or development and other risks and uncertainties detailed from time to time in Shire's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year to December 31, 2004.