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| | Connetics Receives Notice from Debt Holders of Failure to Comply with Convertible Debt Obligation (Business Wire via Yahoo! Finance)

Connetics Receives Notice from Debt Holders of Failure to Comply with Convertible Debt Obligation (Business Wire via Yahoo! Finance)


PALO ALTO, Calif.----May 30, 2006--Connetics Corporation , a specialty pharmaceutical company that develops and commercializes dermatology products, today announced that the Company received notices from persons claiming to hold more than 25% of the aggregate outstanding principal amount of each of its 2.00% and 2.25% Convertible Senior Notes.


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