Exhibit 99.1
aaiPharmaAnnounces Dr. Ludo Reynders Returns to Service
Wilmington, N.C., November 22, 2004—aaiPharmaInc. (NASDAQ: AAII) today announced that Dr. Ludo Reynders has returned to his duties as President and Chief Executive Officer after a temporary absence due to illness.
“The last two weeks have been challenging and I am pleased to be able to return to my duties,” said Dr. Reynders. “It was good to see the commitment of our management team as they continued the execution of our corporate recovery plan.”
AboutaaiPharma
aaiPharmaInc. is a science-based pharmaceutical company focused on pain management, with corporate headquarters in Wilmington, North Carolina. With more than 25 years of drug development expertise, the Company is focused on developing and marketing branded medicines in its targeted therapeutic areas.aaiPharma‘s development efforts are focused on developing improved medicines from established molecules through its research and development capabilities. For more information on the Company, including its product development organization AAI Development Services, please visitaaiPharma‘s website at www.aaipharma.com.
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