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Haemacure Reports First Quarter 2009 Results and Hires Advisor for the Sale or Merger of the Company
Date:3/12/2009

ard and demonstrated an interest in exploring some form of relationship that could lead to a sale, merger or financing", said Joseph Galli Chairman & CEO of Haemacure.

About Haemacure

Haemacure Corporation is a specialty biotherapeutics company developing high-value human plasma-derived protein products for commercialization. Haemacure's research and development effort is driven by its proprietary plasma protein extraction technology to develop next-generation products, including surgical haemostats. Haemacure's lead product candidate, Hemaseel(R)HMN, is a fibrin sealant in pivotal clinical trial stage. Haemacure's second product candidate is thrombin, a component of its fibrin sealant, now in preclinical stage. Follow-on development is focussed on the use of fibrin sealant in adhesion prevention, aesthetics, combination with biomaterials, drug delivery, regenerative medecine, skin graft fixation for burn injuries, and wound healing. Haemacure has identified eleven additional specialty proteins and enzymes in one if its two plasma fractions and seeks to advance these proteins and enzymes through partnerships with pharmaceutical and biotechnology companies. Haemacure is headquartered in Montreal, Canada and operates offices in Sarasota, Florida through a wholly-owned subsidiary. The Corporation is traded under stock symbol HAE on the TSX.

Forward-looking Statements

Certain of the statements contained in this news release are forward-looking statements. Such statements, based as they are on the current expectations of management, inherently involve numerous risks and uncertainties, known and unknown. Some examples of known risks are: the results of clinical trials, impact of general economic conditions, general conditions in the biotech industry, changes in the regulatory environment in the jurisdictions in which Haemacure does business, stock market volatility, fluctuations in costs, and changes
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SOURCE HAEMACURE CORPORATION
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Related medicine news :

1. Haemacure Restructures - Seeks Financing or Sale of the Company
2. Haemacure to Present at the 11th Annual BIO CEO & Investor Conference
3. Haemacure Announces Fiscal 2008 Results
4. Haemacures Human Fibrin Sealant Demonstrates Effectiveness in Skin Graft Fixation Proof-of-Concept Study for Burn Injury
5. Haemacure Confirms Operation Qualification of Production Equipment and Pursues Milestone Payment from CSL
6. Haemacure to Present at the Rodman & Renshaw Annual Global Investor Conference
7. Haemacure Appoints Thomas J. Lynch, J.D., Ph.D. to Board of Directors
8. Adhesion Prevention New Major Market Opportunity, Haemacure Confirms Effectiveness of its Fibrin Sealant in Second Preclinical Study in Adhesion Prevention in a Bleeding Model
9. Haemacure Raises $7.8 Million and is Fully Funded Beyond First-Patient-In-Clinic
10. Haemacure to Present at the BioInternational Convention - The Global Event for Biotechnology - at the San Diego Convention Centre, California, from June 17 - 20, 2008
11. Haemacure Achieves Major Milestone - Starts Processing Plasma in Its New Fractionation Facility
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