IMPAX to Present at Banc of America Healthcare Conference

March 19, 2003

March 19, 2003--IMPAX Laboratories, Inc. (NASDAQ:IPXL) today announced that management will present at the Banc of America Healthcare Conference on Tuesday, March 25, 2003 at 1:55 p.m. PST. The conference will be held from March 25-27, 2003 at the Four Seasons Hotel in Las Vegas, Nevada.

Individuals may listen to both the live and archived webcast until April 11, 2003 at the following address: http://www.veracast.com/webcasts/bas/healthcare-2003/id87110228.cfm. In addition, a link to the live and archived presentation will be posted on the investor relations portion of the company's web site at www.impaxlabs.com.

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 specialty 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. Additionally, where strategically appropriate, IMPAX has developed marketing partnerships to fully leverage its technology platform. IMPAX Laboratories is headquartered in Hayward, California, and has a full range of capabilities in its Hayward and Philadelphia facilities. For more information, please visit the Company's Web site at: www.impaxlabs.com.