(OTC Bulletin Board: NILT), (OTC Bulletin Board: CPHI), (NASDAQ: KERX)

Turning Pennies into dollars: (OTC Bulletin Board: NILT), (OTC Bulletin Board: CPHI), (NASDAQ: KERX)

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Nile Therapeutics, Inc. (OTC Bulletin Board: NILT)February 6, 2008), announced yesterday that Peter M. Strumph, Chief Executive Officer, will present at the BIO CEO & Investor Conference at the Waldorf-Astoria Hotel in New York City on Tuesday, February 12, 2008 at 11:00 a.m. EST. Mr. Strumph will provide an overview of Nile and an update on its clinical development programs. The presentation will be webcast live and can be accessed by visiting the Investor Relations section at http://www.nilethera.com. The webcast will be archived for ninety days. Additional information regarding the BIO Investor Forum can be accessed at: http://ceo.bio.org.

Nile Therapeutics, Inc. is a clinical-stage biopharmaceutical company that develops innovative products for the treatment of cardiovascular disease and other areas of unmet medical need. Nile is initially focusing its efforts on developing its lead compound, CD-NP, a novel chimeric peptide in Phase I studies for the treatment of acute decompensated heart failure, and 2NTX-99, a small molecule, pre-clinical, anti-atherothrombotic agent with nitric oxide donating properties. A key component of the Company's strategy is to acquire the global rights to additional compounds to expand its portfolio. More information on Nile can be found at: http://www.nilethera.com

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China Pharma Holdings, Inc. ("China Pharma") (OTC Bulletin Board: CPHI)(February 5, 2008) which develops, manufactures, and markets generic and brand bio-pharmaceutical products in China, announced yesterday the appointment of G. Michael Bennett, Yingwen Zhang and Baowen Dong to its Board of Directors, forming the Company's Audit Committee. G. Michael Bennett is Chairman of the Audit Committee. The Company also announced the resignation of Heung Mei Tsui as a member of the Company's Board of Directors, effective February 1, 2008, with no disagreements. The appointment of Bennett, Zhang and Dong to China Pharma's board brings the total number of directors to five, and the total number of independent non-executive directors to three.

G. Michael Bennett, CPA, is presently a partner of Beijing Nexis Investment Consulting Corporation, which provides management consulting services to Chinese Companies. From 2000 to 2004, he acted as partner of ProCFO Company. Prior to that, he served as CFO and a Board Member in Argonaut Computers. Mr. Bennett worked as professor of accounting, taxation and auditing at several Universities including California State University, Chapman University, University of Hawaii and Chaminade University. Mr. Bennett is a graduate of Michigan State University and Michigan University. He is also a Doctor of Business Administration (DBA) candidate in Corporate Governance at City University of Hong Kong.

Yingwen Zhang is a member of the 9th Chinese People's Political Consultative Conference (CPPCC). Prior to his current role, Mr. Zhang was the Economic and Commercial Counselor of the embassy of the People's Republic of China in Malaysia. Since December 1988, Mr. Zhang has been a director of Sichuan Foreign Trade and Economic Cooperation Bureau. Prior to that, he served as the CEO of Sichuan Vinylon Company, a subsidiary of SINOPEC. Mr. Zhang received a bachelor's degree in Chemical Engineering from Tianjin University in 1967.

Professor Baowen Dong is an expert member of Sichuan University Teaching Evaluation Council since August 2001. Prior to his current role, he served as a professor, research fellow, director of teaching and researching office, and department head at Sichuan University. Mr. Dong graduated from Xi'an University of Science and Technology in 1966.

"Mei Tsui Heung has been a valuable director of China Pharma and we appreciate her contribution to our Company and we wish her well in her future endeavors," said Ms. Zhilin Li, president and CEO of China Pharma.

"I would like to welcome Mr. Bennett, Mr. Zhang and Mr. Dong to our Board of Directors. Having a group of directors with a diverse set of skills to serve on our board creates a deep knowledge base for the company to tap into. Mr. Bennett's extensive experience in accounting and corporate governance, Mr. Zhang's business acumen and proven track record in developing high-growth companies, and Professor Dong's academic knowledge in research and development will be particularly valuable for our business. Our newly formed audit committee will be an important element to build a strong foundation in corporate governance and financial integrity, while enabling us to pursue a listing on a major exchange this year. We look forward to their participation on the board in contributing to our future growth and success," concluded Ms. Li.

China Pharma Holdings, Inc. develops, manufactures, and markets generic and brand bio-pharmaceutical products in China that treat a wide range of conditions, including infections, hepatitis, cardiovascular and CNS diseases, and other prevailing diseases. Helpson Bio-pharmaceutical Co., Ltd (Helpson), a specialty pharmaceutical company headquartered in Haikou City, Hainan province in China, is a wholly owned subsidiary of China Pharma Holdings. For more information about China Pharma Holdings, Inc., please visit http://www.chinapharmaholdings.com.

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Keryx Biopharmaceuticals, Inc. (NASDAQ: KERX)(February 5, 2008) announced yesterday that Michael S. Weiss, the Company's Chairman and Chief Executive Officer, will be presenting at the following upcoming Investor Conferences: Thursday, February 7th, 2008 - 10:20 AM ET: Merrill Lynch 19th Global Pharmaceutical, Biotechnology & Medical Device Conference Grand Hyatt Hotel New York City

Monday, February 11, 2008 - 12:30 PM ET: BIO CEO & Investor Conference Waldorf-Astoria Hotel New York City

Each of Mr. Weiss' presentations will be webcast live and may be accessed from the Investor Information page of the Company's Website at http://investors.keryx.com. An archived version of each presentation webcast will be available following the conclusion of the live presentation.

About Keryx Biopharmaceuticals, Inc.

Keryx Biopharmaceuticals, Inc. is focused on the acquisition, development and commercialization of medically important, novel pharmaceutical products for the treatment of life-threatening diseases, including diabetes and cancer. Keryx's lead compound under development is Sulonex (sulodexide oral gelcap), previously referred to as KRX-101, a first-in-class, oral heparinoid compound for the treatment of diabetic nephropathy, a life-threatening kidney disease caused by diabetes. Sulonex is in a pivotal Phase 3 and Phase 4 clinical program under a Special Protocol Assessment with the Food & Drug Administration. Additionally, Keryx is developing Zerenex, an oral, iron- based compound that has the capacity to bind phosphate and form non-absorbable complexes. Zerenex is currently in Phase 2 clinical development for the treatment of hyperphosphatemia (elevated serum phosphorous levels) in patients with end-stage renal disease. Keryx is also developing clinical-stage oncology compounds, including KRX-0401, a novel, first-in-class, oral anti-cancer agent that modulates Akt, a protein in the body associated with tumor survival and growth, and a number of other key signal transduction pathways, including the JNK and MAPK pathways, which are pathways associated with programmed cell death, cell growth, cell differentiation and cell survival. KRX-0401 is currently in Phase 2 clinical development for multiple tumor types. Keryx also has an active in-licensing and acquisition program designed to identify and acquire additional drug candidates. Keryx is headquartered in New York City.

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