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Vincent Milano to Join the Board of Directors of Vanda Pharmaceuticals ROCKVILLE, MD

Key Takeaway: Vincent Milano to Join the Board of Directors of Vanda Pharmaceuticals ROCKVILLE, MD April 20, 2010 Vanda Pharmaceuticals Inc. (Nasdaq: VNDA), announced today that Vincent Milano, CEO of ViroPharma Incorporated, will join Vanda s Board of Directors. Mr. Milano will replace Bri

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Vincent Milano to Join the Board of Directors of Vanda Pharmaceuticals
ROCKVILLE, MD April 20, 2010 Vanda Pharmaceuticals Inc. (Nasdaq: VNDA), announced today that
Vincent Milano, CEO of ViroPharma Incorporated, will join Vanda s Board of Directors. Mr. Milano
will replace Brian K. Halak, Ph.D., who will resign as a member of Vanda s Board of Directors,
Chairman of the Nominating/Corporate Governance Committee and
also as a member of the Audit Committee of the Board, effective as of April 21, 2010. Richard W.
Dugan, a current member of Vanda s Board, will replace Dr. Halak as Chairman of the
Nominating/Corporate Governance Committee of the Board.
I would like to personally welcome Vin to our Board, said Mihael H. Polymeropoulos, M.D.,
President and Chief Executive Officer of Vanda. We are very fortunate to have someone who will
bring energy, insight, and a wealth of pharmaceutical industry experience to our Board as we
continue to develop and commercialize our clinical assets. I would like to thank Brian Halak for
his invaluable contributions in building our company over these past six years, Dr. Polymeropoulos
Mr. Milano is President, Chief Executive Officer, and Chairman of the Board of Directors of
ViroPharma Incorporated, a position that he has held since March 2008. He joined the company in
1996 and served as Vice President, Chief Financial Officer, and Treasurer from 1997 to 2006. In
2006, he assumed the role of Vice President, Chief Financial Officer and Chief Operating Officer.
Mr. Milano has been instrumental in building ViroPharma, including leading efforts in raising
nearly $900 million in capital, the acquisition of Lev Pharmaceuticals, and the acquisition of
Vancocin(R) from Eli Lilly and Company. He has played a critical role in all business development
and investor relations activities of ViroPharma, and has contributed significantly to establishing
the strategic direction of the company. Prior to joining ViroPharma, he was with KPMG LLP,
independent certified public accountants, where he served as Senior Manager. Mr. Milano received
his Bachelor of Science degree in accounting from Rider College.
About Vanda Pharmaceuticals Inc:
Vanda Pharmaceuticals Inc. is a biopharmaceutical company focused on the development and
commercialization of clinical-stage products for central nervous system disorders. For more on
Vanda, please visit http://www.vandapharma.com.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
Various statements in this release are forward-looking statements under the securities laws.
Words such as, but not limited to, believe, expect, anticipate, estimate, intend, plan,
targets, likely, will, would, and could, and similar expressions or words, identify
forward-looking statements. Forward-looking statements are based upon current expectations that
involve risks, changes in circumstances, assumptions and uncertainties. Important factors that
could cause actual results to differ materially from
those reflected in the company s forward-looking statements include, among others: the extent and
effectiveness of the development, sales and marketing and distribution support Fanapt
receives; Vanda s ability to successfully commercialize Fanapt outside of the U.S. and
Canada; delays in the completion of Vanda s clinical trials; a failure of Vanda s products to be
demonstrably safe and effective; Vanda s failure to obtain regulatory approval for its products or
to comply with ongoing regulatory requirements for its products; a lack of acceptance of Vanda s
products in the marketplace, or a failure to become or remain profitable; Vanda s expectations
regarding trends with respect to its costs and expenses; Vanda s inability to obtain the capital
necessary to fund its research and development activities; Vanda s failure to identify or obtain
rights to new products; Vanda s failure to develop or obtain sales, marketing and distribution
resources and expertise or to otherwise manage its growth; a loss of any of Vanda s key scientists
or management personnel; losses incurred from product liability claims made against Vanda; a loss
of rights to develop and commercialize Vanda s products under its license and sublicense agreements
and other factors that are described in the Risk Factors section (Part I, Item 1A) of Vanda s
annual report on Form 10-K for the fiscal year ended December 31, 2009 (File No. 001-34186). In
addition to the risks described above and in Part I, Item 1A of Vanda s annual report on Form 10-K,
other unknown or unpredictable factors also could affect Vanda s results. There can be no assurance
that the actual results or developments anticipated by Vanda will be realized or, even if
substantially realized, that they will have the expected consequences to, or effects on, Vanda.
Therefore, no assurance can be given that the outcomes stated in such forward-looking statements
and estimates will be achieved.
All written and verbal forward-looking statements attributable to Vanda or any person acting on its
behalf are expressly qualified in their entirety by the cautionary statements contained or referred
to herein. Vanda cautions investors not to rely too heavily on the forward-looking statements Vanda
makes or that are made on its behalf. The information in this release is provided only as of the
date of this release, and Vanda undertakes no obligation, and specifically declines any obligation,
to update or revise publicly any forward-looking statements, whether as a result of new
information, future events or otherwise.
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Last updated: Apr 20, 2010