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EntreMed Reports Clinical Program Progress and Company Update
Date:11/12/2008

ROCKVILLE, Md., Nov. 12, /PRNewswire-FirstCall/ -- EntreMed, Inc. (Nasdaq: ENMD), a clinical-stage pharmaceutical company developing therapeutics for the treatment of cancer and inflammatory diseases, reported corporate and clinical program updates for the third quarter 2008 and remaining fourth quarter 2008 objectives. The updates were given during a podium presentation by EntreMed President & CEO, James S. Burns, and web cast at the Rodman & Renshaw 10th Annual Healthcare Conference, being held this week in New York. An archive of Mr. Burns' live presentation is available on the Company's web site at http://www.entremed.com and can be accessed for 60 days.

(Logo: http://www.newscom.com/cgi-bin/prnh/20010620/ENMDLOGO )

During the presentation, Mr. Burns reiterated the development status of the Company's pipeline of multi-mechanism drugs for the treatment of cancer and inflammatory diseases. Remarks during the presentation were focused on corporate objectives as they relate to the status of multiple oncology clinical trials currently underway, the Company's partnering goals, and financial position. Highlights of the presentation are listed below.

Corporate Highlights

-- EntreMed, Inc. reported third quarter royalty revenues of approximately

$3.5 million from sales of Thalomid(R). Royalty revenues for the full

year 2008 are expected to increase over 2007 based on additional sales

of Thalomid(R) resulting from Celgene's acquisition of Pharmion.

-- EntreMed, Inc. ended the third quarter 2008 with approximately $28

million
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SOURCE EntreMed, Inc.
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