Integrated BioPharma, Inc. Announces Distribution of iBioPharma, Inc.

HILLSIDE, N.J., Aug. 18, 2008 (GLOBE NEWSWIRE) (PRIME NEWSWIRE) -- Integrated Biopharma, Inc. (Nasdaq:INBP) today announced that the distribution of the Company's interest in iBioPharma, Inc. (formerly InB:Biotechnologies, Inc.) ("iBioPharma") became effective on August 18, 2008 (the "Distribution Date").

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