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Press Release

POZEN Announces July 29 Webcast of Second Quarter Results

CHAPEL HILL, N.C.--(BUSINESS WIRE)--July 22, 2004--POZEN Inc. (NASDAQ:POZN), announced today that it will release second quarter results on July 29, 2004, before the market opens.

The announcement will be followed by a live webcast at 11:00 a.m. Eastern Time of a discussion by POZEN management of the earnings and business results. The webcast can be accessed on POZEN's website at www.pozen.com and will be archived and available for replay. The second quarter earnings release can be accessed in the News section of POZEN's website.

POZEN is a pharmaceutical company committed to developing therapeutic advancements for diseases with unmet medical needs where it can improve efficacy, safety, and/or patient convenience. POZEN has development and commercial alliances with GlaxoSmithKline, Xcel Pharmaceuticals, and Nycomed. The company's common stock is traded on The Nasdaq Stock Market under the symbol "POZN". For detailed company information, including copies of this and other press releases, see POZEN's website: www.pozen.com.

CONTACT:
POZEN
John Barnhardt, 919-913-1030
or
James Watson (Investor Relations), 919-913-1074