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Announcement Planned by Ontario Ministry of Economic Development and Trade

17/12/07

BELLEVILLE, ON, December 17, 2007 – Bioniche Life Sciences Inc. (TSX: BNC), a research-based, technology-driven Canadian biopharmaceutical company, today announced that the Ontario Ministry of Economic Development & Trade has issued a Media Advisory related to an announcement that will take place tomorrow at Bioniche’s Belleville, Ontario facility.

The Advisory, entitled, “McGuinty Government to Announce New Investment in Advanced Manufacturing; Boosts Life Sciences Innovation, Job Creation in Belleville”, was issued this morning. The Advisory reads as follows: “Sandra Pupatello, Minister of Economic Development and Trade, together with Leona Dombrowsky, Minister of Agriculture, Food and Rural Affairs, will announce a new investment under the government’s Advanced Manufacturing Investment Strategy (AMIS) that will boost manufacturing excellence and innovation in Belleville.”

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