Millipore and Aruna Biomedical, Inc. Announce Licensing Agreement for ENStem™ Human Embryonic Neural Stem Cells

Billerica, MA & Athens, GA--- March 12, 2007 --- Millipore Corporation and Aruna Biomedical, Inc. announced today that they have entered into a licensing agreement that will enable Millipore to market and distribute a novel cell line of human neural progenitor cells and optimized media for neural research. Under the terms of the agreement, Millipore has acquired an exclusive worldwide license to distribute these neural progenitor cells derived from NIH-registered human embryonic stem cells.

The human neural stem cells will be sold and marketed under the ENStem brand name by Millipore and packaged as a kit with optimized growth media and substrates. Not previously available, the ENStem cells are a source of human neural progenitor cells derived from human embryonic stem cells, which provide an invaluable tool for neural research. The cells can be used in various studies, including Alzheimer’s, spinal cord injury and depression.

“By partnering with Aruna Biomedical, we can offer our customers a vast array of novel stem cell products and technologies,” said Patrick Schneider, Vice President, Millipore Research Reagents Division. “This agreement further supports Millipore’s commitment to providing tools that accelerate stem cell research worldwide.”

“The potential impact of this product on the neural research community could be astounding,” commented Steven Stice, Aruna co-founder and CEO. “By accelerating the pace of neurological research for tens of thousands of scientists, we hope to provide patients with possible therapies and treatments for debilitating neurological diseases and spinal cord injuries sooner than imagined.”

Millipore is the leading provider of mouse embryonic stem cell culture reagents as well as human adult and primary stem cells that foster growth and discovery for disease treatment. Millipore’s unique product range includes optimized media, cell lines, characterization kits and novel and proprietary markers.

Millipore’s Bioscience Division provides innovative tools, services and biological reagents that drive advancements in biomedical and academic research as well as support the discovery and development of new pharmaceuticals. The product portfolio has been further enhanced with the 2006 addition of Chemicon®, Upstate® and Linco® product lines, allowing Millipore to provide the most complete offering of life science tools on the market. Our customers work in leading research laboratories across a variety of industries throughout the world. Millipore improves their laboratory productivity and efficiency through optimized workflows. For more information, please contact Millipore Tech Service at 1-800-548-7853 or 951-676-8080 or visit www.millipore.com.

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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.

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About Aruna Biomedical, Inc.
Aruna Biomedical, Inc. is a privately held biotechnology corporation dedicated to the discovery, manufacturing and commercialization of emerging new technologies in human embryonic stem cell research for use in drug discovery and neuroscience research. For additional information about Aruna Biomedical, Inc., please visit www.arunabiomedical.com.

Millipore, Chemicon, Upstate and Linco are registered trademarks of Millipore Corporation. ENstem is a trademark of Millipore Corporation.

MILLIPORE NEWS
For immediate release
Media Contact:
Karen Gobler
Communications Manager
Millipore Corporation
978-762-5294
.karen_gobler@millipore.com

Aruna Biomedical Contact:

Tracey Stice
Director of Operations
Aruna Biomedical, Inc.
706-542-9191
tstice@arunabiomedical.com