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Affymax to Highlight Hematide™ Data at the American Society of Nephrology Renal Week 2009

Affymax, Inc. (Nasdaq:AFFY) today announced multiple presentations at the American Society of Nephrology (ASN) Renal Week 2009 taking place October 27 through November 1 in San Diego.

Affymax’s drug, Hematide™, is currently in development with Takeda Pharmaceutical Company Limited for the treatment of anemia associated with chronic renal failure. Affymax and investigators will make multiple presentations highlighting Hematide preclinical and clinical data in various treatment settings. These include preliminary results of a Phase 2 trial in hemodialysis (HD) patients who are not on an erythropoiesis stimulating agent (ESA), and interim results from an ongoing Phase 2 study in patients with antibody-mediated pure red cell aplasia (Ab+PRCA).

Details of Hematide presentations at ASN are as follows:

*Note: All times are listed in Pacific Time

Friday, October 30:

            --       Poster session: Preliminary Analysis of Once-Monthly Hematide Efficacy and Safety in HD Patients Not on ESA Treatment
Abstract F-PO1094: 10:00 AM - 12:00 PM
-- Poster session: Efficacy and Safety of Hematide in Patients with Anti-Erythropoietin (EPO) Antibody-Mediated Pure Red Cell Aplasia (Ab+PRCA)
Abstract F-PO1099: 10:00 AM - 12:00 PM
 

Saturday, October 31:

-- Poster session: Hematide Demonstrates Prolonged In Vitro Binding to the Human Erythropoietin Receptor
Abstract SA-PO2430: 10:00 AM - 12:00 PM
-- Poster session: Hematide Stimulates Similar Signaling Pathways to EPO in UT-7/EPO Cells, but with Different Kinetics and Relative Potency
Abstract SA-PO2431: 10:00 AM - 12:00 PM
-- Poster session: Hematide Is Minimally Immunogenic in Nonclinical Studies
Abstract SA-PO2432: 10:00 AM - 12:00 PM

Company Webcast

Affymax will host an investor webcast with Dr. Richard Lafayette, clinical chief of nephrology and associate professor of medicine at Stanford University Medical Center, and Dr. Iain MacDougall, nephrology consultant at the Department of Renal Medicine, King’s College Hospital. Dr. Lafayette will provide background on managing anemia in patients with chronic kidney disease. Dr. MacDougall will discuss pure red cell aplasia (PRCA) a rare, serious and debilitating autoimmune disorder, which can occur when the body produces neutralizing antibodies to the currently marketed recombinant human erythropoietins.

The webcast will take place on Friday, October 30th from 7:00-8:00 a.m. PT, and may be accessed from the investors section of the company's website at www.affymax.com. A replay will also be available for 30 days following the presentation.

About Hematide

Hematide is a novel synthetic, PEGylated peptidic compound that binds to and activates the erythropoietin receptor and thus acts as an erythropoiesis stimulating agent (ESA).

Affymax and Takeda are collaborating on the development of Hematide and plan to co-commercialize the product once approved in the United States. The product, upon approval, will be commercialized in the European Union by Takeda. Phase 3 clinical trials are being conduced to investigate the potential for Hematide to treat anemia associated with chronic renal disease.

About Anemia in Chronic Renal Failure (CRF)

Anemia in CRF affects many individuals with Chronic Kidney Disease (CKD). According to the National Kidney Foundation, 26 million Americans - 1 in 9 U.S. adults - have CKD. Anemia develops in the early stages of CKD and worsens as patients progress towards total kidney failure and need a dialysis machine to eliminate waste and water from their blood. In severe or prolonged cases of anemia, the lack of oxygen in the blood can cause serious and sometimes fatal damage to the heart and other organs. Benefits of anemia correction in patients with CKD include decreased morbidity, hospitalization, and mortality.1

About Affymax, Inc.

Affymax, Inc. is a biopharmaceutical company committed to developing novel drugs to improve the treatment of serious and often life-threatening conditions. For additional information, please visit www.affymax.com.

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