Alteon to Present at the Rodman & Renshaw Techvest Healthcare Conference and the C.E. Unterberg Towbin Specialty Pharmaceutical

Alteon to Present at the Rodman & Renshaw Techvest Healthcare
Conference and the C.E. Unterberg Towbin Specialty Pharmaceutical Conference



PARSIPPANY, N.J., Oct. 21  /PRNewswire-FirstCall/ -- Alteon Inc. (AMEX:ALT)
announced today that it will participate in two investor healthcare conferences
next week:  the Rodman & Renshaw Techvest 6th Annual Healthcare Conference and
the C.E. Unterberg Towbin Specialty Pharmaceutical Conference.

Kenneth I. Moch, President and Chief Executive Officer, will present at the
Rodman & Renshaw conference, being held at the Waldorf=Astoria in New York
City, on Wednesday, October 27, 2004 at 9:00 a.m., ET.  He will present at the
C.E. Unterberg Towbin conference, being held at The Palace Hotel in New York
City, on Thursday, October 28, 2004 at 2:20 p.m., ET.

The Rodman & Renshaw presentation will be webcast live and will be accessible
in the Investor Relations section of Alteon's website, http://www.alteon.com/,
where it also will be archived after the event.

About Alteon

Alteon is developing several new classes of drugs that have shown the potential
to reverse or slow down diseases of aging and complications of diabetes.  These
compounds have an impact on a fundamental pathological process caused by the
progressive formation of protein-glucose complexes called Advanced Glycation
End-products (A.G.E.s).  The formation and crosslinking of A.G.E.s lead to a
loss of flexibility and function in body tissues and organs and have been shown
to be a causative factor in many age- related diseases and diabetic
complications.  Alteon has created a library of novel classes of compounds
targeting the A.G.E. Pathway.

Alteon's lead compound alagebrium chloride (formerly ALT-711), the only A.G.E.
Crosslink Breaker in advanced human testing, has demonstrated safety and
efficacy in several Phase 2 trials and is actively being developed for systolic
hypertension and heart failure.  Over 1200 patients have been involved in
alagebrium's human clinical trials to date, of whom approximately 900 have
received active compound.  Ongoing clinical trials include the phase 2b
systolic hypertension trial, SPECTRA (Systolic Pressure Efficacy and Safety
Trial of Alagebrium), and the phase 2a heart failure trial, PEDESTAL (Patients
with Impaired Ejection Fraction and Diastolic Dysfunction: Efficacy and Safety
Trial of ALagebrium), as well as a third trial exploring mechanism of action in
endothelial dysfunction.  For more detailed scientific information about
alagebrium and a copy of the full abstract, please visit the scientific
publications section of the Alteon website, http://www.alteon.com/.

Any statements contained in this press release that relate to future plans,
events or performance are forward-looking statements that involve risks and
uncertainties including, but not limited to, those relating to technology and
product development (including the possibility that early clinical trial
results may not be predictive of results that will be obtained in large-scale
testing or that any clinical trials will not demonstrate sufficient safety and
efficacy to obtain requisite approvals or will not result in marketable
products), regulatory approval processes, intellectual property rights and
litigation, competitive products, ability to obtain financing, and other risks
identified in Alteon's filings with the Securities and Exchange Commission. The
information contained in this press release is accurate as of the date
indicated.  Actual results, events or performance may differ materially. Alteon
undertakes no obligation to publicly release the result of any revision to
these forward-looking statements that may be made to reflect events or
circumstances after the date hereof or to reflect the occurrence of
unanticipated events. 

DATASOURCE: Alteon Inc.



CONTACT:  Susan M. Pietropaolo, Director, Corporate Communications &

Investor Relations, Alteon Inc., [phone]



Web site:  http://www.alteonpharma.com/

http://www.alteon.com/ 

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