Contrary to tabloid reports about the poor state of "Friends" star Matthew Perry's health, "it is completely untrue that he needs a liver transplant," his spokesperson said on Thursday. "He has been out of the hospital for a number of days and is feeling much better." Perry, 30, "went into the hospital to be treated for a serious stomach ailment, and fortunately I'm feeling much better," he tells PEOPLE in the new issue. After a two-week stay in Los Angeles' Cedars-Sinai Medical Center, the "Friends" star was released last week. A member of the "Friends" crew tells PEOPLE that Perry was suffering from pancreatitis, a potentially chronic inflammatory condition. Some of the concern for and speculation about Perry may have to do with his past dependency on painkillers, as well as fluctuations in his weight. As for his current condition, "He's on the mend," his "Friends" costar Matt LeBlanc assures PEOPLE.

  • For the complete PEOPLE story on Matthew Perry's latest trouble, click here.