Q1 2008 Financial Results Conference Call

TORONTO, Canada (February 21, 2008) – Patheon Inc. (TSX: PTI) today announced that it will host a conference call with financial analysts on Friday, March 7, 2008 at 10:00 a.m. (EST) to discuss its first quarter 2008 financial results. The first quarter financial results news release will be issued at approximately 7:00 a.m. (EST) on Friday, March 7, 2008.

Interested parties are invited to access the live call, via telephone, in listen-only mode, at (416) 644-3423 (Toronto and International) or toll free at (800) 595-8550 (U.S., including Puerto Rico). Listeners are encouraged to dial in five to 15 minutes in advance to avoid delays. A live audio webcast, with a slide presentation, will also be available via the web at www.patheon.com. (Please note that Windows Media Player or RealPlayer is required.)

A telephone replay of the conference call will be available between Friday, March 7, 2008 and Friday, March 21, 2008 by calling (416) 640-1917 or (877) 289-8525 (toll free) and entering identification number 21263719,  followed by the “#” key. The webcast will also be archived on www.patheon.com for three months.

Contacts: Mr. Wesley P. Wheeler, Chief Executive Officer, Tel:  (905) 812-2112, Fax:  (905) 812-6613, Email: wes.wheeler@patheon.com; Mr. John Bell, Chief Financial Officer, Tel: (905) 812-6812, Fax:  (905) 812-6613, Email: john.h.bell@patheon.com; Ms. Shelley Jourard, Director, Corporate Communications, Tel:  (905) 812-6614, Fax:  (905) 812-6613; Email: sjourard@patheon.com

Patheon (TSX:PTI; www.patheon.com) is a leading global provider of drug development and manufacturing services to the international pharmaceutical industry.  Patheon operates a network of 12 facilities in the United States, Canada and Europe, employing more than 4,650 people and serving a client base of more than 250 pharmaceutical and biotechnology companies.

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