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Genaera Corporation to Present at BIO Business Forum
Date:6/12/2008

PLYMOUTH MEETING, Pa., June 12 /PRNewswire-FirstCall/ -- Genaera Corporation (Nasdaq: GENR) today announced that Jack Armstrong, President and Chief Executive Officer of Genaera, is scheduled to present at the BIO Business Forum. The presentation will provide an update on the Company's programs and will take place at the San Diego Convention Center in San Diego on Tuesday, June 17, 2008 at 3 p.m. PDT in Room 4.

Armstrong will also join a panel of experts to discuss new advancements in the treatment of obesity. The panel will discuss the obesity epidemic and review the current landscape of both marketed obesity therapies as well as new drugs in development.

"Confronting the Obesity Epidemic: The Skinny on Innovative New

Treatments" Wednesday, June 18, 2008

4 p.m. - 5:30 p.m. PDT

San Diego Convention Center, Room 30A

About Genaera

Genaera Corporation is focused on advancing the science and treatment of metabolic diseases. The Company has significant market opportunities with a first-in-class molecule, trodusquemine (MSI-1436), that has the potential to redefine the treatment paradigm for obesity and type 2 diabetes and is presently in a phase 1 trial in obesity. In addition, Genaera has a value-driven, fully out-licensed partnership with MedImmune, Inc. for a second core program that is presently undergoing phase 2 clinical testing in asthma. Genaera is committed to directing resources to its core program and the aggressive clinical development of its key assets to build stockholder value. For further information, please see our website at http://www.genaera.com .

This announcement contains forward-looking statements within the mea
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SOURCE Genaera Corporation
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