Redpoint Bio Corporation Announces Effectiveness of Registration Statement

EWING, N.J.--(BUSINESS WIRE)--Redpoint Bio Corporation (OTCBB:RPBC) announced the effectiveness of the registration statement on Form S-1 (Registration No. 333-143507), as of 4:30 p.m. July 20, 2007. This press release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there by any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.

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