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BioSante Pharmaceuticals, Inc.

BioSante Pharmaceuticals LibiGelŪ Safety Study to Continue Following Review by External Executive Committee

Published in Medical Letter on the CDC and FDA, July 5th, 2009

BioSante Pharmaceuticals, Inc. (NASDAQ: BPAX), is pleased to announce that based upon a review of study conduct and blinded data from the LibiGel Phase III Cardiovascular and Breast Cancer Safety Study, the LibiGel Safety Study External Executive Committee has recommended continuation of the LibiGel Phase III clinical program. A very low cardiovascular event rate has occurred thus far in the LibiGel Phase III clinical studies.

"Based on the trial data to date, we are confident that the LibiGel Cardiovascular and Breast Cancer Safety Study should continue to enroll new subjects and maintain treatment of those subjects already randomized to therapy. At this point, we feel...

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