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Pharmos Corporation to Present at the BIO CEO & Investor Conference
Pharmos Also Selected by BIO to Represent "the Future of Biotechnology" in Special Reception

Iselin NJ, February 19, 2002 - Pharmos Corporation (Nasdaq: PARS and Nasdaq Europe: PHRM) announced today it will present to members of the financial community, the healthcare industry and the media at the BIO CEO & Investor Conference in New York on Friday, February 22, at 11:10 a.m. Eastern Time. Organized by the Biotechnology Industry Organization (BIO), the annual event is one of the largest biotechnology and investor conferences on the East Coast. Pharmos' presentation will outline the Company's progress toward solidifying its position in the therapeutic marketplace for neurological indications, including the status of its pivotal trial of dexanabinol for traumatic brain injury and important preclinical programs.

A simultaneous webcast of Pharmos' presentation will be available at http://www.corporate-ir.net/ireye/ir_site.zhtml?ticker=PARS&script=1020&item_id=w,601347,1, and will be archived for a limited time after the conference.

Pharmos will also participate in the International Reception & Networking Exhibition at the Conference on Wednesday, February 20, 2002. The theme of the Reception is "Passport to the Future" and Pharmos is among 60 companies BIO's Wall Street Advisory Board has selected that best reflect this theme and represent the future of biotechnology.

Pharmos Corporation discovers, develops and commercializes novel therapeutics to treat a range of neurological disorders associated with inflammatory processes, such as traumatic brain injury, stroke, neuropathic pain, Parkinson's disease and other CNS and peripheral neuro-inflammatory indications.

Statements made in this press release related to future beneficial expectations and projections of the Company are forward-looking and are made pursuant to the safe harbor provisions of the Securities Litigation Reform Act of 1995. Such statements involve risks and uncertainties which may cause results to differ materially from those set forth in these statements. Additional economic, competitive, governmental, technological, marketing and other factors identified in Pharmos' filings with the Securities and Exchange Commission could affect such results.

 

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