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Business Update

Viropro emphasizes commitment to increase its visibility

Published in AIDS Weekly, August 7th, 2006

Viropro Inc. (VPRO) recently provided a corporate update to the financial community and to its shareholders.

The recent reinforcement of Viropro's management team will allow the company to focus and to set short and mid-term priorities to maximize shareholders' value.

On June 15, 2006, the company announced the signature of a binding Memorandum of Understanding (MOU) with Biochallenge, a Tunisia-based, privately held pharmaceutical company, for the development and the production of several therapeutic proteins, with potential revenues estimated at US$27 million. The final contractual agreement is expected in the following months.

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