CHONDROGENE ENTERS INTO A BROAD ALLIANCE WITH UCSF

ChondroGene Limited (TSX Venture: CDG) announced today that it has entered into an alliance with the University of California, San Francisco (UCSF). The alliance provides a framework for ChondroGene to enter into collaborations with UCSF scientific researchers and clinicians in applying the Sentinel Principle to new diagnostic and therapeutic uses in a range of diseases. The terms of the alliance will simplify and accelerate the execution of individual collaborations with specific investigators. In addition, the alliance framework details the intellectual property (IP) rights of new inventions stemming from any collaboration.

Canada NewsWire Group (http://www.newswire.ca/en/releases/archive/August2005/10/c8940.html)