Repligen Announces Share Repurcha... ( WALTHAM Mass. June 18 /- Repligen...)

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Repligen Announces Share Repurchase Program

Date:6/18/2008

WALTHAM, Mass., June 18 /PRNewswire-FirstCall/ -- Repligen Corporation (Nasdaq: RGEN) today announced that its Board of Directors has authorized the repurchase of up to 1,250,000 shares of its common stock. Under the program Repligen may repurchase shares from time to time at prevailing prices in the open market or in negotiated transactions off the market.

"The share repurchase program reflects the confidence we have in our business and our commitment to enhancing shareholder value," stated Walter C. Herlihy, President and Chief Executive Officer of Repligen Corporation. "Our strong financial position will allow us to fully invest in our pipeline while simultaneously repurchasing up to four percent of our outstanding stock."

The program does not require the Company to repurchase any specific number of shares and may be modified, suspended or terminated at any time without prior written notice. The Company currently has 31.2 million shares outstanding and the stock repurchases will be funded through available cash.

About Repligen Corporation

Repligen Corporation is a biopharmaceutical company focused on the development of novel therapeutics for diseases that affect the central nervous system. In addition, we are the world's leading supplier of recombinant Protein A, the sales of which partially fund the advancement of our development pipeline while supporting our financial stability. Repligen's corporate headquarters are located at 41 Seyon Street, Building #1, Suite 100, Waltham, MA 02453. Additional information may be requested from http://www.repligen.com.

This press release contains forward-looking statements which are made pursuant to the safe harb
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SOURCE Repligen Corporation
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