Press Releases

Cipher mourns passing of director Waldemar Zimmerman

    Stock Exchange Symbol: DND

    MISSISSAUGA, ON, Sept. 10 /CNW/ - Cipher Pharmaceuticals Inc. (TSX: DND)
solemnly announces the passing of Mr. Waldemar Zimmerman, Vice-Chairman and
Lead Director of Cipher's Board of Directors.
    "It is with profound sadness that we announce the passing of Waldemar
("Wally") Zimmerman," said Dr. John Mull, Chairman of Cipher. "Wally had been
a long serving member of our Board and was a valued contributor to the
Company. His leadership, extensive business experience and corporate
governance expertise have been invaluable to Cipher. We have lost a cherished
and loyal friend and business colleague. On behalf of our Board, senior
management and employees, I would like to extend our sincere condolences to
Waldemar's family."
    Mr. Zimmerman has served on Cipher's Board since it became public in
2004. He was Chair of the Compensation Committee, and a member of the
Nominating and Governance and Audit Committees.
    Mr. Zimmerman was the principal of Zimmerman Lawyers, Hamilton, Ontario.
His areas of practice were concentrated in civil litigation and appellate
advocacy including before the Supreme Court of Canada. Mr. Zimmerman also
served as Chairman of CML HealthCare's Board of Directors and CML HealthCare
Income Fund's Board of Trustees, as well as a director of a number of private
corporations. He was a member of the Law Society of Upper Canada, Canadian Bar
Association, the Hamilton Law Association, the Institute of Corporate
Directors, the Canadian Club and former president of one of the major
political parties in Ontario. Mr. Zimmerman received his B.A. from McMaster
University in 1961 and his LL.B. from Osgoode Hall Law School in 1964.
    Mr. Zimmerman is survived by his wife, Rebeckah Zimmerman (nee Schnurr),
his children Richard Zimmerman (Annette), Michelle Bourne (David) and Kelly
Schnurr; his grandchildren Lauren, David-Dean, Robyn, Robert, Samantha and
Brian.

    About Cipher Pharmaceuticals Inc.

    Cipher Pharmaceuticals is a drug development company focused on
commercializing novel formulations of successful, currently marketed molecules
using advanced drug delivery technologies. Cipher's strategy is to in-license
products that incorporate proven drug delivery technologies and advance them
through the clinical development and regulatory approval stages, after which
the products are out-licensed to international partners. Because Cipher's
products are based on proven technology platforms applied to currently
marketed drugs, they are expected to have lower approval risk, shorter
development timelines and significantly lower development costs. The Company's
lead compound, CIP-FENOFIBRATE, received final approval from the U.S. Food and
Drug Administration and Health Canada in the first quarter of 2006. Beginning
in the fourth quarter of 2007, the product will be marketed in the United
States by ProEthic Pharmaceuticals under the label Lipofen(TM). In addition,
Cipher is developing formulations of the pain reliever tramadol and the acne
treatment isotretinoin.

    Cipher is listed on the Toronto Stock Exchange under the symbol 'DND' and
has approximately 24 million shares outstanding. For more information, please
visit www.cipherpharma.com.

    Forward-Looking Statements

    Statements made in this news release, other than those concerning
historical financial information, may be forward-looking and therefore subject
to various risks and uncertainties. Some forward-looking statements may be
identified by words like "may", "will", "anticipate", "estimate", "expect",
"intend", or "continue" or the negative thereof or similar variations. Certain
material factors or assumptions are applied in making forward-looking
statements and actual results may differ materially from those expressed or
implied in such statements. Factors that could cause results to vary include
those identified in the Company's Annual Information Form and other filings
with Canadian securities regulatory authorities, such as the applicability of
patents and proprietary technology; possible patent litigation; regulatory
approval of products in the Company's pipeline; changes in government
regulation or regulatory approval processes; government and third-party payer
reimbursement; dependence on strategic partnerships for product candidates and
technologies, marketing and R&D services; meeting projected drug development
timelines and goals; intensifying competition; rapid technological change in
the pharmaceutical industry; anticipated future losses; the ability to access
capital to fund R&D; and the ability to attract and retain key personnel. All
forward-looking statements presented herein should be considered in
conjunction with such filings. The Company does not undertake to update any
forward-looking statements; such statements speak only as of the date made.

    %SEDAR: 00020415E



For further information:
For further information: Craig Armitage, Investor Relations, The Equicom
Group, (416) 815-0700 ext 278, (416) 815-0080 fax, carmitage@equicomgroup.com;
Larry Andrews, President and CEO, Cipher Pharmaceuticals, (905) 602-5840 ext
324, (905) 602-0628 fax, landrews@cipherpharma.com