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JP Morgan H&Q 20th Annual Healthcare Conference to Webcast Maxygen, Inc. Presentation

    REDWOOD CITY, Calif., Jan. 7 /PRNewswire/ -- Maxygen, Inc. (Nasdaq: MAXY)
today announced that its presentation at the JP Morgan H&Q Healthcare
Conference will be webcast live and may be accessed under the 'investor
information' tab at http://www.maxygen.com.
    Russell Howard, chief executive officer of Maxygen, will provide an
overview of the company as well as review corporate goals and financial
guidance for 2002. His presentation will be delivered at 10:00 a.m. (Pacific
Time) on Thursday, January 10 from the Westin St. Francis Hotel in
San Francisco. The presentation will be archived for 30 days.
    Maxygen, Inc. headquartered in Redwood City, California, is focused on
creating novel products using its integrated proprietary technologies for
human therapeutics and industrial applications. Maxygen's technologies bring
together advances in molecular biology and protein modification to create
novel biotechnology products. Maxygen has strategic collaborations with
leading companies including Aventis, Intermune, Lundbeck, Alk-Abello, Pfizer,
Chevron, Novozymes, DSM, Rio Tinto, DuPont and Syngenta as well as U.S.A.
government funding from USAID, DARPA, NIST-ATP. Maxygen currently has a
pipeline of over 40 potential products, with four human therapeutic and ten
industrial products in development, and has a total of 20 strategic alliances.



SOURCE Maxygen, Inc.




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    CONTACT:
    Alison Trollope, Investor and Public
    Relations of Maxygen, Inc., +1-650-298-5853, or fax,
    +1-650-298-5877, or alison.trollope@maxygen.com