IND Indy Diarytech Limited Com

ProMetic Life Sciences Inc. (TSX:PLI)(OTCQX:PFSCF), ("ProMetic" or the
"Corporation") announced today the achievement of the second manufacturing
milestone related to its strategic agreement ("Agreement") with Hematech
Biotherapeutics Inc. ("Hematech") triggering a $1.0 million payment to ProMetic.
This milestone was achieved following the successful completion of the first
large-scale production run at its ProMetic BioProduction Inc. ("PBP") plasma
purification facility located in Laval, Quebec. 


"The remarkable performance of ProMetic's manufacturing process has been further
confirmed with the biopharmaceuticals produced in ProMetic's facility meeting
the targeted product specifications", stated Dr. Chan, Chairman of Hematech. "We
are looking forward to this proprietary manufacturing process being operational
in our own facility in Taipei", added Dr. Chan. 


The Agreement with Hematech calls for additional milestone payments in 2014 in
relation to the filing of Investigational New Drug ("IND") applications for two
plasma-derived biopharmaceuticals to be manufactured in ProMetic's facility. 


Mr. Pierre Laurin, ProMetic's President and Chief Executing Officer commented:
"The achievement of this manufacturing milestone was critical for the
advancement of the plasminogen and other plasma derived therapeutics respective
clinical trial programs". 


More on the Hematech Agreement 

Pursuant to the Agreement signed in May 2012, $10 million was committed to
ProMetic by Hematech for the non-exclusive manufacturing rights related to
ProMetic's proprietary plasma protein purification system ("PPPS(TM)"), said
rights being exclusive for Taiwan and for the co-exclusive commercialization
rights to plasminogen on a global basis. Hematech is expected to fund the
construction of its PPPS(TM) driven facility and to commence manufacturing
multiple plasma-derived biopharmaceuticals for ProMetic and ProMetic's licensees
in 2017. 


Following the completion of clinical trials and regulatory approval, ProMetic
will manufacture plasminogen in its Laval facility and will commercialize it,
sharing net profits equally with Hematech. Hematech's planned facility in Taiwan
will be adding significant manufacturing capacity to supply ProMetic with
different products such as Alpha-1 Antitrypsin ("AAT"), which PPPS(TM) can
recover at superior yields compared to industry average. Hematech will derive a
manufacturing margin as it supplies such plasma-derived biopharmaceuticals to
ProMetic. 


About Plasminogen:

Plasminogen is a naturally occurring protein that is synthesized by the liver
and circulates in the blood. Activated plasminogen, plasmin, is an enzymatic
component of the fibrinolytic system and is the main enzyme involved in the
lysis of clots and clearance of extravasated fibrin. Plasminogen is therefore
involved in wound healing, cell migration, tissue remodeling, angiogenesis and
embryogenesis.


About AAT

More on Alpha1-Antitrypsin can be found on the Alpha 1-Antitrypsin foundation
website at http://alpha-1foundation.org/


About ProMetic Life Sciences Inc. 

ProMetic Life Sciences Inc. (www.prometic.com) is a long established
biopharmaceutical company with globally recognized expertise in bioseparations,
plasma-derived therapeutics and small-molecule drug development. ProMetic offers
its state of the art technologies for large-scale purification of biologics,
drug development, proteomics and the elimination of pathogens to a growing base
of industry leaders and uses its own affinity technology that provides for
highly efficient extraction and purification of therapeutic proteins from human
plasma in order to develop best-in-class therapeutics and orphan drugs. ProMetic
is also active in developing its own novel small-molecule therapeutic products
targeting unmet medical needs in the field of fibrosis, cancer and autoimmune
diseases/inflammation. Headquartered in Laval (Canada), ProMetic has R&D
facilities in the UK, the U.S. and Canada, manufacturing facilities in the UK
and business development activities in the U.S., Europe and Asia. 


Forward Looking Statements 

This press release contains forward-looking statements about ProMetic's
objectives, strategies and businesses that involve risks and uncertainties.
These statements are "forward-looking" because they are based on our current
expectations about the markets we operate in and on various estimates and
assumptions. Actual events or results may differ materially from those
anticipated in these forward-looking statements if known or unknown risks affect
our business, or if our estimates or assumptions turn out to be inaccurate. Such
risks and assumptions include, but are not limited to, ProMetic's ability to
develop, manufacture, and successfully commercialize value-added pharmaceutical
products, the availability of funds and resources to pursue R&D projects, the
successful and timely completion of clinical studies, the ability of ProMetic to
take advantage of business opportunities in the pharmaceutical industry,
uncertainties related to the regulatory process and general changes in economic
conditions. You will find a more detailed assessment of the risks that could
cause actual events or results to materially differ from our current
expectations on page 26 of ProMetic's Annual Information Form for the year ended
December 31, 2012, under the heading "Risk and Uncertainties related to
ProMetic's business". . As a result, we cannot guarantee that any
forward-looking statement will materialize. We assume no obligation to update
any forward-looking statement even if new information becomes available, as a
result of future events or for any other reason, unless required by applicable
securities laws and regulations. All amounts are in Canadian dollars unless
indicated otherwise. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Pierre Laurin
President and CEO
ProMetic Life Sciences Inc.
p.laurin@prometic.com
+1.450.781.0115


Frederic Dumais
Director, Communications and
Investor Relations
ProMetic Life Sciences Inc.
f.dumais@prometic.com
+1.450.781.0115

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