BioSante Pharmaceuticals, Inc. (BPAX) Chairman and President/CEO to Ring the NASDAQ Stock Market Closing Bell


ADVISORY, Jan. 16, 2008 (PRIME NEWSWIRE) --



 What:
 Former U.S. Secretary of Health and Human Services Dr. Louis W.
 Sullivan, BioSante Chairman, and Stephen M. Simes, President and CEO
 of BioSante Pharmaceuticals, Inc. (BPAX), will preside over the
 closing bell to celebrate the company's listing on NASDAQ.

 Where:
 NASDAQ MarketSite - 4 Times Square - 43rd & Broadway - Broadcast Studio

 When:
 Thursday, January 17, 2008 at 4:00 p.m. ET

 Contacts:
 Phil Donenberg
 847.478.0500 x101; donenber@biosantepharma.com

 NASDAQ MarketSite:
 Jolene Libretto; 646.441.5220; Jolene.Libretto@nasdaq.com

Feed Information:

The closing bell is available from 3:50 p.m. to 4:05 p.m. on uplink IA-6 C-band/transponder 17. The downlink frequency is 4040 Vertical; Audio 6.2-6.8. The feed can also be found on Waterfront fiber 1623. If you have any questions, please contact Jolene Libretto at (646) 441-5220.

Radio Feed:

An audio transmission of the closing bell is also available from 3:50 p.m. to 4:05 p.m. on uplink IA6 C band / transponder 24, downlink frequency 4180 horizontal. The feed can be found on Waterfront fiber 1623 as well.

Webcast:

A live Webcast of the NASDAQ Closing Bell will be available at: http://www.nasdaq.com/reference/marketsite_about.stm

Photos:

To obtain a hi-resolution photograph of the Market Close, please go to http://www.nasdaq.com/reference/marketsite_events.stm and click on the market close of your choice.

About BioSante Pharmaceuticals, Inc. (BPAX):

BioSante is developing a pipeline of hormone therapy products to treat both men and women. These hormone therapy products are gel formulations for transdermal administration that deliver estradiol and testosterone. BioSante's lead products include LibiGel(r) (transdermal testosterone gel) in Phase III clinical development by BioSante for the treatment of female sexual dysfunction (FSD) and Elestrin(tm) (estradiol gel) developed through U.S. Food and Drug Administration (FDA) approval by BioSante indicated for the treatment of moderate-to-severe vasomotor symptoms associated with menopause, marketed in the U.S. by Bradley Pharmaceuticals, Inc., BioSante's licensee. Also in development are Bio-T-Gel(tm), a testosterone gel for male hypogonadism, and an oral contraceptive in Phase II clinical development using BioSante patented technology. The current market in the U.S. for estrogen and testosterone products is approximately $2.5 billion and for oral contraceptives approximately $3.0 billion. The company also is developing its calcium phosphate nanotechnology (CaP) for novel vaccines, drug delivery, and aesthetic medicine (BioLook(tm)). Additional information is available online at: www.biosantepharma.com.