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iBio Announces At-the-Market Equity Offering
Date:2/1/2013

NEWARK, Del., Feb. 1, 2013 /PRNewswire/ -- iBio, Inc. (NYSE MKT: IBIO) entered into an "At-the-Market" (ATM) equity offering sales agreement with the Donjon Group, a division of Further Lane Securities, L.P. on January 31, 2013, under which iBio may, from time to time, offer and sell shares of its common stock having an aggregate offering price of up to $10 million through Donjon. iBio expects to use any proceeds from this offering for the continued development of applications of its proprietary technology, business development and for other general corporate purposes.

(Logo:  http://photos.prnewswire.com/prnh/20120419/NY91086LOGO )

Under the ATM equity offering sales agreement, sales of common stock, if any, through Donjon, will be made by means of ordinary brokers' transactions, or otherwise at market prices prevailing at the time of sale, at prices related to prevailing market prices, at negotiated prices or, with iBio's prior approval, in privately negotiated transactions.

The common stock will be offered under the company's existing effective shelf registration statement (including a prospectus) filed with the Securities and Exchange Commission. A prospectus supplement related to the offering has been filed with the Securities and Exchange Commission. Any offer, solicitation or sale will be made only by means of the prospectus supplement and the accompanying prospectus. Current and potential investors should read the prospectus in the registration statement, and the prospectus supplement relating to the ATM equity offering and other documents the company has filed with the SEC for more complete information about iBio and the ATM equity offering program.

A copy of the prospectus supplement and accompanying prospectus relating to these securities may be obtained by contacting the Donjon Group c/o Further Lane Securities, L.P
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