Viropro Inc. Announces Update On Financing US$1.5 Million and Announcement of an Extraordinary Special Shareholders Meeting

MONTREAL, Dec. 21, 2007 (PRIME NEWSWIRE) -- Viropro Inc. (OTCBB:VPRO) wishes to inform its shareholders that the first tranche of US$300,000 related to the US$1.5 Million Loan Financing announced on October 11, 2007, has not yet been closed due to unfavorable market conditions. The Loan Financing was subject to usual conditions, some of them being related to relatively stable price of Company's Common Shares. In light of that, the Board of Directors is announcing an extraordinary special shareholders meeting that will be held on January 24, 2008, at 8515 Place Devonshire, Suite 207, Montreal (Quebec) CANADA H4P 2K1, at 9:00 AM local time.