ProMetic Life Sciences Inc.

ProMetic Life Sciences Inc.

December 12, 2007 11:14 ET

ProMetic Announces Conference Call and Webcast Details for Update on its Corporate Activites Including PBI-1402

MONTREAL, QUEBEC, CANADA--(Marketwire - Dec. 12, 2007) - ProMetic Life Sciences Inc. (TSX:PLI) ("ProMetic") announced today that is will be hosting a conference call and webcast on Wednesday, December 19, 2007 at 10:00 ET to give an update on its recent corporate activities and information on PBI-1402 following the 49th Annual Meeting of the American Society of Hematology.

The conference call may be accessed by way of telephone or webcast. The numbers to access the conference call are (416) 644-3415 (international) and 1(800) 732-9303 (toll free). A live audio webcast of the conference call, complete with a slide presentation, will be available by visiting ProMetic's website at Please connect at least 15 minutes prior to the conference call to ensure adequate time for any software download that may be needed to hear the webcast. A replay of the call will be available on ProMetic's website at on December 19, 2007 at 12:00 ET. The numbers to access the replay are (416) 640-1917 (international) and 1(877) 289-8525 (toll free) using access code 21257030.

About ProMetic Life Sciences Inc.

ProMetic Life Sciences Inc. ( is a biopharmaceutical company specialized in the research, development, manufacture and marketing of a variety of commercial applications derived from its proprietary Mimetic Ligand™ technology. This technology is used in large-scale purification of biologics and the elimination of pathogens. ProMetic is also active in therapeutic drug development with the mission to bring to market effective, innovative, lower cost, less toxic products for the treatment of hematology and cancer. Its drug discovery platform is focused on replacing complex, expensive proteins with synthetic "drug-like" protein mimetics. Headquartered in Montreal (Canada), ProMetic has R&D facilities in the U.K., the U.S. and Canada, manufacturing facilities in the U.K. and business development activities in the US, Europe, Asia and in the Middle-East.

Forward Looking Statements

This press release contains forward-looking statements about ProMetic's objectives, strategies and businesses that involve risks and uncertainties. These statements are "forward-looking" because they are based on our current expectations about the markets we operate in and on various estimates and assumptions. Actual events or results may differ materially from those anticipated in these forward-looking statements if known or unknown risks affect our business, or if our estimates or assumptions turn out to be inaccurate. Such risks and assumptions include, but are not limited to, ProMetic's ability to develop, manufacture, and successfully commercialize value-added pharmaceutical products, the availability of funds and resources to pursue R&D projects, the successful and timely completion of clinical studies, the ability of ProMetic to take advantage of business opportunities in the pharmaceutical industry, uncertainties related to the regulatory process and general changes in economic conditions. You will find a more detailed assessment of the risks that could cause actual events or results to materially differ from our current expectations on page 21 of ProMetic's Annual Information Form for the year ended December 31, 2006, under the heading "Risk Factors". As a result, we cannot guarantee that any forward-looking statement will materialize. We assume no obligation to update any forward-looking statement even if new information becomes available, as a result of future events or for any other reason, unless required by applicable securities laws and regulations.

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