Woodcliff Lake, NJ, April 05, 2007 — Par Pharmaceutical Companies, Inc. (NYSE:PRX) will be presenting at CIBC World Markets Annual Biotechnology & Specialty Pharmaceuticals Conference on Thursday, April 12, at 3:05 pm EDT at the Millennium Broadway Hotel in New York City.

The audio-only live webcast will be accessible through the CIBC World Markets website at http://www.veracast.com/webcasts/cibcwm/biotech07/03212295.cfm or through the Par website at www.parpharm.com.  A replay will be available at the same link address for 90 days after the conference and will begin approximately 3 hours after the presentation. 

Par Pharmaceutical Companies, Inc. develops, manufactures and markets generic drugs and innovative branded pharmaceuticals for specialty markets.  For press release and other company information, visit www.parpharm.com.

Investor contact:
Stephen J. Mock

Media contact:
Peter Wolf
Par Pharmaceutical Companies, Inc.
(201) 802-4000