BioSphere Medical Appoints New Vice President of Manufacturing.

Business Editors and Health/Medical Writers

ROCKLAND, Mass.--(BW HealthWire)--Oct. 23, 2002

Company Expands Senior Management Team to Accommodate Anticipated

Growth in 2003

BioSphere Medical(TM), Inc. (Nasdaq: BSMD), a medical device company that is pioneering the use of bioengineered microspheres to treat hypervascularized tumors and vascular malformations by occluding their blood supply, announced today that it has appointed Peter Sutcliffe as the Company's vice president of manufacturing.

Peter Sutcliffe assumed his role on October 21 and reports to Paul Looney, BioSphere Medical's president, chief executive officer and chairman. Peter is responsible for managing the Company's manufacturing and quality operations worldwide.

"The addition of a seasoned executive as vice president of manufacturing is critical in managing the Company through its next stage of growth," stated Looney. "His extensive experience in all phases of manufacturing and quality operations will be valuable as we expand the presence of Embosphere(R) Microspheres and EmboGold(TM) Microspheres in the United States and overseas."

Said Sutcliffe, "I am excited to join such a dynamic management team. As vice president of manufacturing, my top priority will be to ensure sufficient manufacturing capacity, while maintaining high quality performance."

Sutcliffe most recently served as vice president of manufacturing for the North America Region of Whatman, Inc. in Marlborough, Massachusetts, a manufacturer of life science and filtration devices. Prior to that, he held the position of chief operating officer for HemaSure, Inc., a company that manufactures leukoreduction blood filters. He also served as vice president of manufacturing for Costar (Corning), and held various management positions in manufacturing at Millipore, a manufacturer of life science and filtration devices.

About BioSphere Medical, Inc.

BioSphere Medical, Inc., based in Rockland, Massachusetts, is a medical device company focused on embolotherapy, the treatment of tumors and vascular malformations by occluding their blood supply. The Company is pioneering the use of patented and proprietary bioengineered microspheres as a new class of embolics. BioSphere Medical's lead products, Embosphere(R) Microspheres and EmboGold(TM) Microspheres, have been cleared by the FDA for marketing for hypervascularized tumors and vascular malformations. The Company is currently conducting clinical trials of Embosphere(R) Microspheres for uterine fibroid embolization (UFE) in the United States under an Investigational Device Exemption (IDE) granted by the FDA. BioSphere Medical has received CE Mark approval in the European Community and approvals in Canada and Australia which allow the Company to sell Embosphere(R) Microspheres for use in general embolization procedures, including uterine fibroid embolization.

Cautionary Statement Regarding Forward-Looking Statements - This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements with respect to the company's expected results of operations in 2002 and 2003, and expectations with respect to distribution of new products by the company and its distribution partners, and the timing and outcome of its regulatory approval efforts. The Company uses words such as "plans," "seeks," "projects," "believes," "may," "anticipates," "estimates," "should'" and similar expressions to identify these forward-looking statements. These statements are subject to risks and uncertainties and are based upon the Company's beliefs and assumptions. There are a number of important factors that may affect the Company's actual performance and results and the accuracy of its forward-looking statements, many of which are beyond the Company's control and are difficult to predict. These important factors include, without limitation, risks relating to the failure of Terumo to successfully market and sell the company's products, the failure of the Company to achieve or maintain necessary regulatory approvals, either in the United States or internationally, with respect to the manufacture and sale of its products; to successfully develop, commercialize and achieve widespread market acceptance of the Embosphere(R) Microspheres and EmboGold(TM) Microsphere technologies for uterine fibroid embolization, targeted liver embolization and other applications; to provide patent and other proprietary protection for the Company's products; the absence of or delays and cancellations of, product orders; delays, difficulties or unanticipated costs in the introduction of new products; competitive pressures; the inability of the Company to raise additional funds to finance the development, marketing, and sales of its products; general economic conditions; as well as those risk factors detailed in the Company's Annual Report on Form 10-K for the year ended December 31, 2001 and Form 10-Q for the quarter ended June 30, 2002 filed by the Company with the Securities and Exchange Commission. In addition, the forward-looking statements included in this press release represent BioSphere Medical's estimates as of the date of this release. BioSphere Medical anticipates that subsequent events and developments will cause its estimates to change. However, while BioSphere Medical may elect to update these forward-looking statements at some point in the future, it specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing BioSphere Medical's estimates or views as of any date subsequent to the date of this release.