BioSante Pharmaceuticals To Present at Rodman & Renshaw Techvest Global Healthcare Conference.

LINCOLNSHIRE, Ill. -- BioSante Pharmaceuticals (AMEX:BPA) today announced that Stephen M. Simes, president and chief executive officer, will present a corporate overview at the Rodman & Renshaw Techvest 2nd Annual Global Healthcare Conference. The presentation will take place on May 5, 2005 at 7:00 a.m. EDT (1:00 p.m. local Paris time) at the Intercontinental Hotel in Paris, France.

The Rodman & Renshaw Techvest 2nd Annual Global Healthcare Conference is expected to include more than 160 presenting companies and more than 700 attendees. A live audio webcast of the presentation can be accessed on the internet by visiting http://www.wsw.com/webcast/rrshq5/bpa/. Beginning May 5, a replay of the presentation will be available at the same link for 90 days. For more information on the Rodman & Renshaw Conference, visit www.rodmanandrenshaw.com/eu05conference.

About BioSante Pharmaceuticals, Inc.

BioSante is developing a pipeline of hormone therapy products to treat both men and women. These hormone therapy products are gel formulations for transdermal administration that deliver bioidentical estradiol and testosterone. BioSante's lead products include Bio-E-Gel(TM) (bioidentical estradiol gel) for the treatment of women with menopausal symptoms, and LibiGel(TM) (bioidentical testosterone gel) for the treatment of female sexual dysfunction (FSD). The current market in the U.S. for estrogen and testosterone products is approximately $2.5 billion. The company also is developing its calcium phosphate nanotechnology (CAP) for novel vaccines, including biodefense vaccines for toxins such as anthrax and ricin, and drug delivery systems. Additional information is available online at www.biosantepharma.com.

This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The statements regarding BioSante contained in this press release that are not historical in nature, particularly those that utilize terminology such as "may," "will," "should," "likely," "expects," "anticipates," "estimates," "believes" or "plans," or comparable terminology, are forward-looking statements. Forward-looking statements are based on current expectations and assumptions, and entail various risks and uncertainties that could cause actual results to differ materially from those expressed in such forward-looking statements. Important factors known to BioSante that cause actual results to differ materially from those expressed in such forward-looking statements are the difficulty of developing pharmaceutical products, obtaining regulatory and other approvals and achieving market acceptance, and other factors identified and discussed from time to time in BioSante's filings with the Securities and Exchange Commission, including those factors discussed on pages 19 to 31 of BioSante's Form 10-KSB, which discussion also is incorporated herein by reference.