PICCHIO PHARMA INC. EXERCISES WARRANT TO ACQUIRE 2,800,000 ADDITIONAL SHARES OF NEUROCHEM, INC. (NRMX)

P.P. Luxco Holdings II s.a.r.l., a wholly-owned subsidiary of Picchio Pharma Inc., announced today that it has exercised a warrant to acquire an additional 2,800,000 common shares of Neurochem Inc., representing approximately 7.5% of the issued and outstanding common shares of Neurochem Inc. after giving effect to the exercise of the warrant.

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