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ALTEON CFO ANNOUNCES DEPARTURE

 NORTHVALE, N.J., Oct. 12 /PRNewswire/ -- Alteon Inc. (NASDAQ: ALTN) announced today that Kenneth E. Ludlum, the company's vice president of finance and administration and chief financial officer, is resigning in order to return to the San Francisco Bay area, where he lived prior to joining to Alteon.
 Mr. Ludlum's responsibilities will be assumed by Elizabeth O'Dell, currently Alteon's director of finance and controller. Ms. O'Dell has been with Alteon for almost two years and has worked closely with Mr. Ludlum during that time. Ms. O'Dell, a CPA, has an MBA and five years experience with a big 6 public accounting firm. Prior to her position at Alteon, Ms. O'Dell managed finance, administration, and operations at an analytical laboratory equipment company. Mr. Ludlum has also agreed to serve as an active consultant for the remainder of 1993.
 Jere E. Goyan, Ph.D., Alteon's president and chief operating officer, commented, "We regret Ken's decision. His contribution in strengthening Alteon's finance, accounting and administrative areas has been very significant. He leaves with our best wishes for continued success. The loss of Mr. Ludlum is ameliorated greatly by the availability of Ms. O'Dell to assume his responsibilities. In the time she has been at Alteon, she has assumed many of Mr. Ludlum's original responsibilities and has executed each of them in an excellent fashion.
 Alteon is a development stage pharmaceutical company engaged in the discovery and development of products for the treatment of the complications of diabetes and aging. These products are designed to inhibit, reverse and measure damage to cells, tissues and organs caused by advanced glycoslylation end-products (A.G.E.s) which are formed as a result of glucose in the body's circulatory system.
 -0- 10/12/93
 /CONTACT: Jere E. Goyan, president and COO of Alteon, 201-784-1010, or Anthony Russo, Ph.D, of Noonan/Russo Communications Inc., 212-696-4455/
 (ALTN)


CO: Alteon Inc. ST: New Jersey IN: MTC SU: PER

TS-LG -- NY015 -- 0933 10/12/93 08:30 EDT
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Publication:PR Newswire
Date:Oct 12, 1993
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