Discovery Labs to Present at the Lazard Capital Markets Healthcare Conference


WARRINGTON, Pa., Nov. 16, 2007 (PRIME NEWSWIRE) -- Discovery Laboratories, Inc. (Nasdaq:DSCO) announced today that Robert J. Capetola, Ph.D., President and Chief Executive Officer of Discovery Labs, will present an update on the Company's recent progress at the Lazard Capital Markets 4th Annual Healthcare Conference to be held at the New York Palace Hotel. The conference will be simultaneously webcast over the Internet.

Dr. Capetola is scheduled to present at 11:30 a.m. on Wednesday, November 28, 2007. The presentation will be available through a live audio webcast at http://www.wsw.com/webcast/lz4/dsco or Discovery Labs' web site, www.discoverylabs.com. A replay of the audio webcast will be available on both websites for thirty days.

About Discovery Labs

Discovery Laboratories, Inc. is a biotechnology company developing Surfactant Replacement Therapies (SRT) for respiratory diseases. Surfactants are produced naturally in the lungs and are essential for breathing. Discovery Labs' technology produces a precision-engineered surfactant that is designed to closely mimic the essential properties of natural human lung surfactant. Discovery Labs believes that its proprietary SRT pipeline has the potential to advance respiratory medicine and address a variety of respiratory diseases affecting neonatal, pediatric and adult patients.

Discovery Labs' lead product candidate, Surfaxin(r), is the subject of an Approvable Letter from the FDA for the prevention of Respiratory Distress Syndrome in premature infants. Surfaxin is also being developed for other neonatal and pediatric indications. Aerosurf, Discovery Labs' aerosolized SRT, is being developed to potentially obviate the need for intubation and conventional mechanical ventilation and holds the promise to significantly expand the use of surfactants in respiratory medicine. For more information, please visit our website at www.Discoverylabs.com.



            

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