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About the Company
Memory Pharmaceuticals Corp.

Bipolar Disorder - insight on symptoms and treatment.
Dr.

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J. The goal of FHP is to cost
effectively provide timely access to appropriate services that produce
positive treatment outcomes with high customer satisfaction.

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Interested parties may access a live audio webcast of the presentation by
visiting the Investor Relations section of Memory Pharmaceuticals' website at
http://www.memorypharma .

ADHD - information on diagnosis, treatment, living with ADHD
and family issues.

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26th
Annual Health Care Conference on Monday, March 6th at 4:50 p.

The new feature uses
evidence -based practices to provide wellness and disease management
education modules for members. This site presents physical health and mental
health education materials in an interactive, entertaining and
easy-to-use format."

About Lilly

Lilly, a leading innovation-driven corporation is developing a
growing portfolio of first-in-class and best-in-class pharmaceutical
products by applying the latest research from its own worldwide
laboratories and from collaborations with eminent scientific
organizations.lilly.

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com.
The site contains information on a range of topics, including:

Wellness - how to manage stress, prevent safety hazards, stop
smoking and avoid substance abuse. Headquartered in Indianapolis, Indiana, Lilly provides
answers -- through medicines and information -- for some of the
world's most urgent medical needs.

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floridahealthpartners.

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, a biopharmaceutical company, is focused on
developing innovative drugs for the treatment of debilitating CNS disorders
such as Alzheimer's disease, schizophrenia, depression, bipolar disorder,
vascular dementia, mild cognitive impairment, Parkinson's disease and memory
impairments associated with aging.valueoptions .

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Memory Pharmaceuticals to Present at SG Cowen Healthcare Conference

Business Editors/Health /Medical Writers

TAMPA, Fla.

Schizophrenia - understanding how symptoms affect your ability
to function and seeking support from others.

Each module includes interactive information for patients and
their families to encourage members to take an active role in their
care and treatment. FHP manages the delivery of mental health
services to Medicaid MediPass members in Hillsborough , Hardee,
Highlands, Manatee, and Polk Counties.

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Florida Health Partners Implements Health Education Answers Program to Promote Integrated Care

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(Nasdaq: MEMY) today announced that Jim Sulat, President and Chief
Executive Officer, will provide a company update at the Cowen + Co. For additional information , please visit
our website at http://www.

Women's Health - specific information on osteoporosis , cancer,
cardiovascular disease, premenstrual dysphoric disorder, and
stress urinary incontinence.

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Depression - how tracking depression can impact other health
conditions and how to manage its impact on relationships and
the workplace. Engaging and informational , the site appeals to
those with even limited computer skills. We are pleased that
Lilly has provided us with the opportunity to access this site, and we
feel it will be a great resource for our members .

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About Florida Health Partners

Located in Tampa, Florida, Florida Health Partners is composed of
a partnership between ValueOptions and Florida Behavioral Health, a
joint venture of providers.floridahealthpartners.

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For more
information, please visit www.

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, Memory Pharmaceuticals
Corp."
To find out more about the program, please visit
http://www. The company is headquartered in
Norfolk, Virginia.

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m. Additional information about Lilly
is available at www.

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E. David Moore , medical director, Florida Health Partners,
said "The program addresses our commitment to integrated mental and
physical health care for our Medicaid programs.

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com.
The feature provides a link to the Health Education Answers Web
site that is a part of Eli Lilly and Company's (NYSE: LLY) patient
education program.com

About ValueOptions

One of the nation's premier behavioral health care management
organizations, ValueOptions serves nearly 23 million people across the
country through publicly funded and commercial contracts with employee
assistance, mental health and substance abuse, behavioral disability
management and integrated programs.

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, at The
Boston Marriott Copley Place in Boston, Massachusetts.memorypharma. An archived version of the webcast will be
available at the same location through March 13, 2006.

Diabetes - how early detection and proper treatment may
prevent problems, including nutrition information, testing,
and exercise recommendations . For more information, please visit
www.com

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----Florida Health
Partners (FHP) today announced a new Web site feature available to
Florida Medicaid members to reinforce efforts to integrate patients'
physical and behavioral health care services.

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MONTVALE, N.com and click on "Health Education
Materials - Integrated Care.

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