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Company Profile for Cypress Bioscience Inc.


Business Editors/Health/Medical Writers

--(BUSINESS WIRE)

Cypress (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
:CYPB) is committed to be the innovator and leader in providing products that improve the treatment of Functional Somatic somatic /so·mat·ic/ (so-mat´ik)
1. pertaining to or characteristic of the soma or body.

2. pertaining to the body wall in contrast to the viscera.


so·mat·ic
adj.
 Syndromes, including Fibromyalgia Syndrome fibromyalgia syndrome Fibrositis, tension myalgia Psychiatry A condition characterized by muscular pain, fatigue, sleep disorders, anxiety, depression, headaches, IBS–possibly linked to anxiety and panic disorders Management Exercise, benzodiazepines, SSRIs,  (FMS FMS - Flexible Manufacturing System (factory automation). ), and other related Pain and Central Nervous System conditions. Cypress' strategy involves acquiring/in-licensing undervalued Undervalued

A stock or other security that is trading below its true value.

Notes:
The difficulty is knowing what the "true" value actually is. Analysts will usually recommend an undervalued stock with a strong buy rating.
 central nervous system active compounds and developing them for new indications.

In January of 2004, Cypress and Forest Laboratories entered into an agreement for the development and marketing for Cypress' product, milnacipran, licensed from the product's originator, Pierre Fabre Medicament me·dic·a·ment
n.
An agent that promotes recovery from injury or ailment; a medicine.



medicament

a medicinal agent.
, for indications in the United States market. Milnacipran is currently being evaluated in a Phase III program sponsored by Cypress for the treatment of Fibromyalgia Syndrome.


   Company:                Cypress Bioscience Inc.

   Headquarters Address:   4350 Executive Drive
                           Suite 325
                           San Diego, CA 92121

   Main Telephone:         858-452-2323

   Website:                www.cypressbio.com

   Ticker:                 CYPB(NASDAQ)

   Type of Organization:   Public

   Industry:               Health: Biotechnology

   Earnings Release Dates: 1st Quarter: May 14, 2004
                           2nd Quarter: August 14, 2004


   Key Executives:         CEO: Jay Kranzler
                           CFO: Sabrina Johnson
                           CMO: Michael Gendreau

   Investor Relations
     Contact:              Mary Gieson
     Phone:                858-452-2323
     Email:                investorrelations@cypressbio.com

COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Apr 23, 2004
Words:181
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