NovaThera And Pharming Group Progress Novel Bioactive Material Studies And Product Development

Cambridge, UK and Leiden, The Netherlands, October 11, 2006. NovaThera Limited ("NovaThera") and biotech company Pharming Group NV ("Pharming") (Euronext: PHARM) (PHARM.AS) today announce the successful completion of their proof of concept studies designed to develop a new generation of bioactive materials. These materials are based on a fusion of the two companies' technologies - TheraGlass™ (a non-ceramic glass) and recombinant human proteins. The novel properties of such materials provide a new intellectual property portfolio for commercial exploitation.