Bio-Technology General Corp. to Present At UBS Warburg Global Life Sciences Conference.

Business Editors/Health & Medical Writers

BIOWIRE2K

ISELIN, N.J.--(BUSINESS WIRE)--Oct. 1, 2002

Bio-Technology General Corp. (NASDAQ:BTGC) today announced that Sim Fass, Chairman and CEO, will present at the UBS Warburg Global Life Sciences Conference on Monday October 7, 2002 at 12:00 pm ET at The Plaza Hotel, New York.

Dr. Fass will review the company's business and discuss BTG's recent acquisition of Rosemont Pharmaceuticals, Ltd.

The public is invited to participate through the UBS Warburg website at www.ubswarburg.com. In addition, a replay will be available from 3:00 pm ET on October 7, 2002 until November 10, 2002. A link to the live conference and replay will be available on the Company's website at www.btgc.com.

Bio-Technology General Corp., a leading biopharmaceutical company, develops, manufactures and markets genetically engineered and other products for human health care. BTG's products are marketed worldwide. Products sold in the United States are Oxandrin(R) (oxandrolone, USP), marketed by BTG and by the Ross Products Division of Abbott Laboratories under a co-marketing agreement, Delatestryl(R) (testosterone enanthate), marketed by BTG, Mircette(R) (oral contraceptive), marketed by Organon, Inc., and BioLon(TM) (sodium hyaluronate), marketed by Akorn, Inc. Products sold internationally are Bio-Tropin(TM) (recombinant human growth hormone), BioLon(TM) (sodium hyaluronate), Bio-Hep-B(TM) (hepatitis B vaccine), Silkis(R) (vitamin D derivative), Arthrease(TM) (sodium hyaluronate for osteoarthritis), and recombinant human insulin. BTG's news releases and other information are available on the Company's website at www.btgc.com.

Arthrease is a trademark of DePuy Orthopaedics, Mircette is a registered trademark of Organon, Inc., Silkis is a registered trademark of Galderma.

Statements in this news release concerning the Company's business outlook or future economic performance, anticipated profitability, revenues, expenses or other financial items; and statements concerning assumptions made or expectations as to any future events, conditions, performance or other matters, are "forward-looking statements" as that term is defined under the Federal Securities Laws. Forward-looking statements are subject to risks, uncertainties and other factors which could cause actual results to differ materially from those stated in such statements. Such risks, uncertainties and factors include, but are not limited to, changes and delays in product development plans and schedules, customer acceptance of new products, changes in pricing or other actions by competitors, patents owned by the Company and its competitors, and general economic conditions, as well as other risks detailed in the Company's filings with the Securities and Exchange Commission.