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BioSante Hires VP of New Business Development and Contract Manufacturing and Announces New Appointment to Board of Directors
Date:7/16/2013

result in a sustained increase in the per share market price for the common stock for the minimum period necessary to permit BioSante to comply with the minimum bid price requirement, or that NASDAQ may not grant the Company's request for initial listing. Any of these events could cause Biosante´s common stock to be delisted from the NASDAQ Global Market. Uncertainties and risks also include, among others, the failure to realize the anticipated benefits from the merger or delay in realization thereof, that the businesses of BioSante and ANI may not be combined successfully, or that such combination may take longer, be more difficult, time-consuming or costly to accomplish than expected; general business and economic conditions; the combined company's need for and ability to obtain additional financing; the difficulty of developing pharmaceutical products, obtaining regulatory and other approvals and achieving market acceptance; the marketing success of the combined company's licensees or sublicensees.  More detailed information on these and additional factors that could affect the combined company's actual results are described in BioSante's filings with the Securities and Exchange Commission, including its most recent annual report on Form 10-K and quarterly report on Form 10-Q, as well as BioSante's proxy statement/prospectus, filed with the Securities and Exchange Commission on May 8, 2013.  All forward-looking statements in this news release speak only as of the date of this news release and are based on the combined company's current beliefs and expectations. BioSante and ANI undertake no obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

For more information about BioSante and ANI, please contact:
Arthur S. Przybyl
(218) 634-3608
arthur.przybyl@anipharmaceutic
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SOURCE BioSante Pharmaceuticals, Inc.
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