Akela Pharma to hold fourth quarter and fiscal 2007 conference call and webcast

    Toronto Stock Exchange Symbol: AKL

    MONTREAL, March 25 /CNW Telbec/ - Akela Pharma Inc. (TSX: "AKL"), a drug
development company focused on developing therapies for the inhalation and
pain markets, today announced that it will report financial results for the
fourth quarter and fiscal 2007 ended December 31, 2007 on Monday March 31,
    Akela will host a conference call at 10:00 a.m., on Monday March 31,
2008. Interested parties may also access the conference call by webcast at
    The telephone numbers to access the conference call are 1-416-644-3418 or
1-800-731-5774. A replay of the call will be available until Monday April 7,
2008. The telephone numbers to access the replay are 416-640-1917 and
1-877-289-8525 with code number 21267182#.

    About Akela Pharma Inc.:

    Akela Pharma is an integrated drug development company focused on
developing therapies for the growing multi-billion dollar inhalation and pain
markets. Its lead product, for the treatment of breakthrough cancer pain, is a
fast-acting Fentanyl formulation delivered using the Company's TAIFUN(R) dry
powder inhaler platform. Its pipeline also includes therapeutics for asthma,
COPD, growth hormone deficiencies and controlled substance abuse deterrent

    Akela's common shares trade on The Toronto Stock Exchange ("TSX") under
the symbol "AKL" with 11.7 million shares outstanding.

    This news release contains certain forward-looking statements that
reflect the current views and/or expectations of Akela Pharma Inc. with
respect to its performance, business and future events. Such statements are
subject to a number of risks, uncertainties and assumptions. Actual results
and events may vary significantly.
    %SEDAR: 00003466EF

For further information:

For further information: visit Akela's website at www.akelapharma.com,
or contact: Frédéric Dumais, Vice-President, Investor Relations, (514)
315-3330 ext. 106, Fax: (514) 315-3325

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