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Jan Ake Gustafsson, M.D., Ph.D., Joins Bionovo's Scientific Advisory Board
Date:2/9/2009

overies in broad areas of medicine. Remarkably, Dr. Gustafsson has been an active instructor and mentor to hundreds of graduate and postgraduate students from around the world. After completing a doctorate degree in biochemistry in the Karolinska Institute, Jan Ake received his medical degree from the same institute. Dr. Gustafsson is currently building a new Center for Nuclear Receptors and Cell Signaling at the University of Houston, TX.

Bionovo, Inc.

Bionovo is a pharmaceutical company focused on the discovery and development of safe and effective treatments for women's health and cancer, markets with significant unmet needs and billions in potential annual revenue. The company applies its expertise in the biology of menopause and cancer to design new drugs derived from botanical sources which have novel mechanisms of action. Based on the results of early and mid-stage clinical trials, Bionovo believes they have discovered new classes of drug candidates within their rich pipeline with the potential to be leaders in their markets. Bionovo is headquartered in Emeryville, California and is traded on the NASDAQ Capital Market under the symbol, "BNVI". For more information about Bionovo and its programs, visit: http://www.bionovo.com.

Forward Looking Statements

This release contains certain forward-looking statements relating to the business of Bionovo, Inc. that can be identified by the use of forward-looking terminology such as "believes," "expects," or similar expressions. Such forward-looking statements involve known and unknown risks and uncertainties, including uncertainties relating to product development, efficacy and safety, regulatory actions or delays, the ability to obtain or maintain patent or other proprietary intellectual property protection, market acceptance, physician acceptance, third party reimbursement, future capital require
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SOURCE Bionovo, Inc.
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