License Agreement - HEScGRO

Stem Cell Sciences plc 25 January 2007 25 January 2007 Millipore's HEScGRO(TM) Medium Advances Human Embryonic Stem Cell Research As a direct result of an agreement between Millipore and Stem Cell Sciences, announced in October 2006, Millipore Corporation have today announced the availability of HEScGRO animal component-free medium for human embryonic stem cell research. HEScGRO medium is the first commercially available animal component-free medium tested successfully for human embryonic stem cell culture and shown to maintain hES cells in their undifferentiated state. The agreement between Millipore and Stem Cell Sciences signed in October 2006 made it possible for Millipore to manufacture and market SCS' serum-free media with SCS receiving royalties from all future sales of HEScGRO. HEScGRO's unique serum-free, ready-to-use and complete formulation offers new ease and reliability in growing human embryonic stem cells. Media containing animal-derived components are subject to wide variability and may contain factors that promote differentiation of hES cells,as well as containing toxic proteins or immunogens that can adversely affect the cells themselves, HEScGRO medium is a defined, animal component-free formulation that successfully addresses these problems and allows scientists to grow human stem cells with confidence. Commenting on the availability of HEScGRO, David Dodd, Chairman of Stem Cell Sciences, said: "We're very pleased with this agreement with Millipore Corporation and look forward to the success of this unique new product." - Ends- For further information, please contact: Stem Cell Sciences plc David Dodd, Non-Executive Chairman of Stem Cell Sciences Hugh Ilyine, Vice President and Chief Operating Officer 0131 662 9829 Weber Shandwick Financial Louise Robson James White 020 7067 0700 Notes to Editors Stem Cell Sciences plc (SCS, AIM: STEM) is a global biotechnology company, established in Melbourne, Australia in 1994, providing products in the burgeoning stem cell research and drug discovery markets, in addition to the targeted development of cell-based therapies for neurodegenerative disease and injury. The Company has established a leading intellectual property (IP) and technology portfolio that enables the commercial application of stem cells in drug discovery, providing the Company with early-stage revenue streams and technology development for at scale cell production of SCS cell-based therapeutics. SCS principal focus is in neurological disease. Revenues in the neurotech market, including pharmaceuticals, devices and diagnostics, grew 10% in 2005 to US$110 billion (Neurotech Insights, Volume 2/3 April 30 2006). SCS operates as a group of independent operations with laboratories in Scotland, Japan and Australia, each of which is affiliated with an academic centre of excellence. These include the Institute of Stem Cell Research (ISCR), Edinburgh, UK, RIKEN Centre for Development Biology, Kobe, Japan and the Australian Stem Cell Centre, Melbourne, Australia. SCS has four business units focused on key sustainable business strategies. SC Proven(R) provides cell culture media (liquid formulations) and reagents that enable the growth and differentiation of stem cells. The first commercially available product, a novel, serum free, stem cell growth medium, has been exclusively licensed for manufacture and marketing to Chemicon, part of Millipore Corporation. SC Licensing licenses SCS proprietary technologies, such as Internal Ribosome Entry Site (IRES) and Stem Cell Selection, for application in laboratory-based research and discovery. SCS has licensed technology to major pharmaceutical and biotechnology companies including Pfizer, Sanofi Aventis, GSK, Deltagen Inc and Lexicon Genetics Inc. SC Services provides specialised stem cell production for basic research and drug discovery, including high-throughput applications. SC Therapies' goal is to develop safe and effective cell-based therapies for currently incurable diseases. SCS is conducting preclinical evaluations of its neural stem cell lines in a number of therapeutic applications. The first preclinical programme is being undertaken by SCS' Japanese affiliate, which recently announced the exclusive licensing of human multi-potent adipose-derived stem (hMADS) cells for therapeutic purposes. SCS KK will conduct preclinical studies for the treatment of Duchenne Muscular Dystrophy in 2007-8. For further information on the company please visit: www.stemcellsciences.com About Millipore Millipore is a leading provider of products and services that improve productivity in laboratory research and bioprocessing manufacturing sites. Through its broad product portfolio, the Company drives growth through innovation and delivers higher value-added applications to the marketplace. Millipore experts have a comprehensive understanding of customers' research, which results in superior tools, technologies and services. The Company is part of the S&P 500 index and employs approximately 5,800 employees in more than 47 offices worldwide. For additional information on Millipore Corporation, please visit www.millipore.com. This information is provided by RNS The company news service from the London Stock Exchange

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