RECOMMENDED CASH TAKEOVER OFFER FOR BRESAGEN BY HOSPIRA

The Directors of BresaGen Limited ("BresaGen") are pleased to announce that they have received an off market takeover offer for all of the issued capital in BresaGen from Hospira Holdings (S.A.) Pty Ltd ("Hospira"), a wholly owned subsidiary of Hospira, Inc. Pipeline Review (http://www.pipelinereview.com/joomla/content/view/5820/282/)