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CYGNUS CLOSES PROPOSED OFFERING

May 5, 1992

FREEZE-DRIED BLOOD SUCCESSFULLY RECYCLED

May 5, 1992

LIPO DRUG SHOWS PROMISE IN ANIMALS

May 5, 1992

BLECH CONFIDENT IN HIS PORTFOLIO

May 4, 1992

BIOSCIENCE UPSWING CONTINUES

May 4, 1992

DNASE EFFECTIVE IN TRIALS

May 4, 1992

SECOND TRIAL FOR PHOTODYNAMIC DRUG

May 4, 1992

CYGNUS REVIVES OFFERING

May 4, 1992

APPOINTMENTS AND ADVANCEMENTS

May 4, 1992

TELIOS EXPANDS WOUND HEALER TRIALS

May 1, 1992

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