California Healthcare Institute to Launch Innovative Web Site for California's Life Sciences Industry.

California Healthcare Institute:

www.chi.org to Showcase People, Technologies,
        Innovations in Life Sciences, State and Federal Public
                 Policies Affecting Medical Innovation

WHO:   --  Amgen (NASDAQ: AMGN)
       --  Bayer HealthCare
       --  Edwards Lifesciences (NYSE: EW)
       --  Genentech (NYSE: DNA)
       --  Gilead Sciences (NASDAQ: GILD)
       --  Mintz Levin Cohn Ferris Glovsky and Popeo PC
       --  NASDAQ
       --  Enterprise Partners Venture Capital
       --  Los Angeles Biomedical Research Institute
       --  PINT

WHAT:  www.chi.org will be the most comprehensive resource for
       information about California's life sciences industry -- about
       companies, academic research, people, events, along with
       insight into state and federal policies that affect medical
       innovation. The new Web site brings together the innovators and
       leaders of California's life sciences industry through the
       Internet to educate and build awareness of how our industry is
       contributing to California's economic future and transforming
       health around the world. Industry, technology, business leaders
       and policymakers will launch the site at an interactive
       reception showcasing discovery, innovation and progress in
       California's vibrant life sciences enterprise.

WHEN:  Tuesday, July 18, 2006 - 5:30 p.m.

WHERE: Harbor Towers (corner of J Street & 2nd Avenue), San Diego,
       California

WHY:   California is the global leader in biomedical R&D. CHI and its
       member companies and institutions believe that cooperative
       efforts among commercial firms, academic research entities and
       government are critical to advancing medical innovation and
       fostering scientific discovery. One clearinghouse location on
       the Internet is the ideal platform to foster cooperation
       through state-of-the-art technology tools, trend-setting ideas
       and information that will enhance and improve the life sciences
       in California.