IMPAX to Present at Lehman Brothers 5th Annual Global Healthcare Conference

February 25, 2002

February 25, 2002 -- IMPAX Laboratories, Inc. (Nasdaq:IPXL) today announced that management will present at the Lehman Brothers 5th Annual Global Healthcare Conference on Tuesday, February 26, 2002, at 7:30 a.m. (EST).

The conference will be held at the Grand Floridian Hotel in Orlando, Florida.

IMPAX's presentation can be heard live by dialing direct the following conference call number: 1-800-851-6286 and the I.D. number is 1560968. A replay of the presentation will be available for 7 days beginning the day after the presentation date and can be accessed by dialing 1-800-625-5288 and the I.D. number will remain 1560968.

IMPAX Laboratories, Inc. is a technology based specialty pharmaceutical company applying its formulation expertise and drug delivery technology to the development of controlled-release and niche generics in addition to the development of branded products. IMPAX markets its generic products through its Global Pharmaceuticals division and intends to market its branded products through the IMPAX Pharmaceuticals division. IMPAX Laboratories is headquartered in Hayward, Calif., and has a full range of capabilities in its Hayward and Philadelphia facilities. For more information, please visit the Company's Web site at: