President of Phadia U.S. Killed in Plane Crash

PORTAGE, Mich.--(Business Wire)--
Michael Land, President of Phadia US Inc, the world leader in in vitro allergy
diagnostics and manufacturer of ImmunoCAP Specific IgE blood testing, died
yesterday when the Columbia Aircraft LC41 he was piloting crashed at about 1
p.m., after taking off from Tri-State Airport, in Huntington, West Virginia. His
23 year old son, Drew, was also killed in the plane crash.

Mr. Land was returning home to Michigan after visiting family with his wife and
two sons over the July 4th weekend. Mr. Land and his elder son were returning in
Michael's plane. Mr. Land is survived by his wife, Nancy and his son, Zach, who
were returning to Michigan separately by car.

Mr. Land enjoyed a 20-year career with Phadia, during which time he ascended
from a sales role to President of the company`s U.S. operations in 1996. His
leadership drove Phadia`s U.S. growth by double digits in each of the past 9
years, establishing the company`s ImmunoCAP business as the leading in vitro IgE
test in the United States. Michael`s leadership and impact were felt broadly
across the marketplace and his efforts had a positive impact on patient care
based on the growing utilization of in vitro allergy testing in the United
States.

Magnus Lundberg, Chief Executive Officer of Phadia AB, will lead the US
operations until a permanent successor to Mr. Land is named. In commenting on
the tragedy, Mr. Lundberg said, "The entire Phadia team mourns the loss of
Michael Land, and our heart goes out to the Land family. Michael was a wonderful
human being - a hard working and visionary leader and devoted father and
husband. His leadership, upbeat personality, and charisma will be sorely missed
by everyone at Phadia."

The National Transportation Safety Board is investigating the accident. Further
details are expected as the investigation continues.

About Phadia

Phadia AB, headquartered in Uppsala, Sweden, is the world leader in in vitro IgE
diagnostic research and product development. Its U.S. affiliate, Phadia US is
headquartered in Portage, Michigan. For more information on Phadia or ImmunoCAP,
please visit http://www.isitallergy.com/.

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Gregory FCA
Joe Crivelli, 610-228-2100
JoeC@GregoryFCA.com

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