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October 16, 2006

MEDICURE TO PRESENT AT BIO INVESTOR FORUM

WINNIPEG , Manitoba – (October 16, 2006) Medicure Inc. (TSX:MPH/Amex:MCU), a cardiovascular focused biopharmaceutical company, today announced the Company’s President and CEO, Albert D. Friesen, PhD, will deliver a corporate presentation at the BIO Investor Forum at 3:00 PM Pacific Time on Wednesday October 18, 2006 in the Telegraph room of the Palace Hotel in San Francisco. The presentation will be webcast and can be accessed on the Medicure website at www.medicure.com.

About Medicure Inc.

Medicure is a biopharmaceutical company focused on the research, development and commercialization of novel compounds to treat cardiovascular disorders. The Company's solid position in this field is highlighted by the following :

  • Two drugs, MC-1 & MC-4232, in late stage clinical development
  • Four positive Phase II trials completed with MC-1
  • FDA Fast Track designation for MC-1
  • U.S. rights to AGGRASTAT® Injection (tirofiban hydrochloride)
  • Dual action antithrombotic, MC-45308, with positive preclinical results

Medicure also has a medicinal chemistry based Drug Discovery program focused on discovery and advancement of novel small molecule anti-ischemics and antithrombotics towards human clinical studies.

This press release contains forward-looking statements that involve risks, which may cause actual results to differ materially from the statements made, and accordingly may be deemed to be forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements are made as of the date hereof, and the Company disclaims any intention and has no obligation or responsibility to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, events or developments to be materially different from any future results, events or developments expressed or implied by such forward-looking statements. Such factors include, among others, the Company’s stage of development, lack of product revenues, additional capital requirements, risks associated with the completion of clinical trials and obtaining regulatory approval to market the Company’s products, the ability to protect its intellectual property, dependence on collaborative partners and the ability to meet its debt obligations. These factors should be considered carefully and readers are cautioned not to place undue reliance on such forward-looking statements. Additional risks and uncertainties relating to the Company and its business can be found in the “Risk Factors” section of its Form 20F for the year ended May 31, 2006.

 

Derek Reimer
Chief Financial Officer

Hogan Mullally
Manager,Investor & Public Relations

Medicure Inc.
888-435-2220
204-488-9823 fax
info@medicure.com

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