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To: stock4U who wrote (14374)	5/5/1998 9:01:00 AM
From: Leman	Read Replies (1) \| Respond to of 34592

Hre is why HYALF will go more HYALF looking to merge or be bought out from the april 17 release Consistent with the short term action plan announced on January 20, 1998, Hyal continues to work closely with investment bankers, Dresdner Kleinwort Benson, to evaluate all options to enhance shareholder value, which may include Hyal's merger or sale. As well Hyal continues its efforts to license those product candidates closest to market or most likely to be licensed over the next 12 months. Hyal believes that the agreement reached with the debenture holders will assist in the evaluation of these options. Hyal is engaged in research and product development utilizing its two unique platforms for drug delivery, HIT(TM) (Hyaluronan Induced Targeting) technology and HILT(TM) (Hyaluronan Improved Liposome Technology). The Corporation's business strategy is to commercialize its developments by outlicensing to other pharmaceutical companies.