JOINT FILING AGREEMENT
CUSIP No. 000000000 SCHEDULE 13D Page 18 of 21
EXHIBIT 1
JOINT FILING AGREEMENT
The undersigned hereby agree that the statement on Schedule 13D with respect to
the common shares, no par value, of Axcan Pharma Inc., dated as of February __,
2004, is, and any amendments thereto (including amendments on Schedule 13G)
signed by each of the undersigned shall be, filed on behalf of each of us
pursuant to and in accordance with the provisions of Rule 13d-1(k) under the
Securities Exchange Act of 1934.
Date: February 17, 2004
PERSEUS-XXXXX BIOPHARMACEUTICAL FUND, L.P.
By: Perseus-Xxxxx Partners, LLC
General Partner
By: SFM Participation, L.P.
Managing Member
By: SFM AH LLC
General Partner
By: Xxxxx Fund Management LLC
Managing Member
By: /s/ Xxxxx X. Xxxxxxxxx
------------------------------------
Name: Xxxxx X. Xxxxxxxxx
Title: Assistant General Counsel
PERSEUS-XXXXX PARTNERS, LLC
By: SFM Participation, L.P.
Managing Member
By: SFM AH LLC
General Partner
By: Xxxxx Fund Management LLC
Managing Member
By: /s/ Xxxxx X. Xxxxxxxxx
------------------------------------
Name: Xxxxx X. Xxxxxxxxx
Title: Assistant General Counsel
CUSIP No. 000000000 SCHEDULE 13D Page 19 of 21
PERSEUS BIOTECH FUND PARTNERS, LLC
By: Perseuspur EC, L.L.C.
Managing Member
By: Perseuspur, LLC
Member
By: /s/ Xxxx Xxxxxxx
-------------------------------
Name: Xxxx Xxxxxxx
Title: Secretary and Treasurer
SFM PARTICIPATION, L.P.
By: SFM AH LLC
General Partner
By: Xxxxx Fund Management LLC
Managing Member
By: /s/ Xxxxx X. Xxxxxxxxx
------------------------------------
Name: Xxxxx X. Xxxxxxxxx
Title: Assistant General Counsel
SFM AH LLC
By: Xxxxx Fund Management LLC
Managing Member
By: /s/ Xxxxx X. Xxxxxxxxx
------------------------------------
Name: Xxxxx X. Xxxxxxxxx
Title: Assistant General Counsel
PERSEUS EC, L.L.C.
By: Perseuspur, LLC
Member
By: /s/ Xxxx Xxxxxxx
-------------------------------
Name: Xxxx Xxxxxxx
Title: Secretary and Treasurer
PERSEUSPUR, LLC
By: /s/ Xxxx Xxxxxxx
-------------------------------
Name: Xxxx Xxxxxxx
Title: Secretary and Treasurer
CUSIP No. 000000000 SCHEDULE 13D Page 20 of 21
XX. XXXXX X. XXXXX
By: /s/ Xxxx Xxxxxxx
-------------------------------
Name: Xxxx Xxxxxxx
Title: Attorney-in-Fact (1)
MR. XXXXXX XXXXX
By: /s/ Xxxxx X. Xxxxxxxxx
------------------------------------
Name: Xxxxx X. Xxxxxxxxx
Title: Attorney-in-Fact (2)
XXXXX FUND MANAGEMENT LLC
By: /s/ Xxxxx X. Xxxxxxxxx
------------------------------------
Name: Xxxxx X. Xxxxxxxxx
Title: Assistant General Counsel
(1) A Power of Attorney, dated April 9, 2003, appointing Xxxx Xxxxxxx to
act on behalf of Xxxxx Xxxxx has been filed with the Securities and
Exchange Commission.
(2) A Power of Attorney, dated October 30, 2002, appoints each of Xxxxxxx
X. Belly, Xxxxx Xxxxxxxxx, Xxxx X. Xxxxx, Xxxxxxx Xxxxxxxx, Xxxxxxx X.
Xxxxxxx, Xx. and Xxxxxx Xxxxx to act on behalf of Xxxxxx Xxxxx has been
filed with the Securities and Exchange Commission.
