AVM Advanced Magnetics

CAMBRIDGE, Mass., June 6 /PRNewswire-FirstCall/ -- Advanced Magnetics, Inc. (AMEX:AVM) today announced that Brian J.G. Pereira, MD, President of Advanced Magnetics, will present at the Fifth Annual Needham & Company Biotechnology and Medical Technology Conference on Wednesday, June 14th at 4:00 pm eastern daylight time. The conference will be held at the New York Palace Hotel in New York, NY. Dr. Pereira's presentation will be webcast live and can be accessed by logging on to the investor relations section of Advanced Magnetics' website at http://www.advancedmagnetics.com/ on the day of the event. A replay of the presentation will also be available on the company's website. About Advanced Magnetics Advanced Magnetics, Inc. is a developer of superparamagnetic iron oxide nanoparticles used in pharmaceutical products. As a leader in our field, we are dedicated to the development and commercialization of our proprietary nanoparticle technology for use in therapeutic iron compounds to treat anemia, as well as novel imaging agents to aid in the diagnosis of cardiovascular disease and cancer. For more information about us, please visit our website at http://www.advancedmagnetics.com/, the content of which is not part of this press release. Contact: Lisa Gordon VP of Business Development Advanced Magnetics, Inc. (617) 497-2070 x3024 DATASOURCE: Advanced Magnetics, Inc. CONTACT: Lisa Gordon, VP of Business Development of Advanced Magnetics, Inc., +1-617-497-2070 ext. 3024, Web site: http://www.advancedmagnetics.com/

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