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Alfacell Provides ONCONASE(R) NDA Submission Update
Date:1/27/2009

that would cause or contribute to such differences include, but are not limited to, uncertainty whether the clinical trial results will allow the company to complete submission of a New Drug Application and if a New Drug Application submission is completed, uncertainty whether FDA will file or approve such application, uncertainties involved in transitioning from concept to product, uncertainties involving the ability of the company to finance research and development activities, potential challenges to or violations of patents, uncertainties regarding the outcome of clinical trials or differences of opinion in interpreting the results of clinical trials, the company's ability to secure necessary approvals from regulatory agencies, dependence upon third-party vendors, and other risks discussed in the company's periodic filings with the Securities and Exchange Commission. By making these forward-looking statements, the company undertakes no obligation to update these statements for revisions or changes after the date of this release.

    Media Contact:                       Investor Contact:
    David Schull                         Andreas Marathovouniotis
    Russo Partners                       Russo Partners
    212-845-4271                         212-845-4253
    David.Schull@russopartnersllc.com    Andreas.Marathis@russopartnersllc.com


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