NEW YORK, NY -- (MARKET WIRE) -- January 22, 2007 -- Lescarden Inc. (OTCBB: LCAR) (the "Company") announced today that its Board of Directors has authorized a stock repurchase plan of up to 1,500,000 shares of its outstanding common stock. The shares will be purchased in the open market, based on prevailing market conditions, applicable securities laws and general economic conditions. The stock repurchase program is expected to be completed within two years. The program may be suspended or discontinued at any time.
