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Company Press Release

Creative BioMolecules Announces New Data Supporting Development of an
OP-1-based Therapy for Parkinson's Disease

HOPKINTON, Mass.--(BW HealthWire)--Oct. 26, 1999--Creative BioMolecules,
Inc. announced today new data in support of the Company's development of
a therapy to treat Parkinson's disease. The data, presented at the
Annual Meeting of the Society for Neuroscience, indicates that OP-1
restores dopaminergic neurons in an animal model of Parkinson's disease.
Dopamine is a key chemical in the brain which enables coordinated motor
movement. Restoring the function of dopaminergic neurons may provide a
new therapeutic avenue in the treatment of Parkinson's disease.
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Judith Richards, London, Ontario, Canada
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