RALEIGH, N.C., Jan. 24 /PRNewswire-FirstCall/ -- CLOSURE Medical
Corporation (Nasdaq: CLSR), a medical tissue adhesive products company, is
scheduled to present at the U.S. Bancorp Piper Jaffray Health Care Conference.
The conference will feature over 100 companies in the biopharmaceutical,
medical technology, information-driven health care, and health care services
sectors.
    Robert V. Toni, President and Chief Executive Officer, will deliver the
Company's presentation on Tuesday, January 29, 2002, beginning at 4:00 p.m. at
The Pierre Hotel in New York City.  Highlights of the presentation will
include an overview of the Company's product platforms as well as a review of
recent events.

    About CLOSURE Medical
    CLOSURE Medical Corporation, headquartered in Raleigh, North Carolina,
develops, manufactures, and commercializes medical tissue adhesive products
based on its proprietary cyanoacrylate technology.  CLOSURE's proprietary
technology has customized the physical and chemical properties of
cyanoacrylates to develop medical adhesive formulations to close and seal
topical skin wounds and incisions.  In addition, CLOSURE is currently
developing internal adhesive formulations to close or seal internal wounds and
an adhesive formulation for the possible treatment of emphysema.
    DERMABOND Topical Skin Adhesive is a topical tissue adhesive used to close
wounds from skin lacerations and incisions, minimally invasive surgery and
plastic surgery.  DERMABOND adhesive can be used as a replacement for topical
sutures or staples and is marketed and distributed by ETHICON, Inc., a Johnson
& Johnson company and the world leader in wound closure products.
    LIQUIDERM(TM) adhesive is the first and only cyanoacrylate medical device
approved by the FDA for the over-the-counter ("OTC") adhesive bandage market.
LIQUIDERM(TM) adhesive is painted on the wound, sealing it from dirt and germs
and creating a healing environment which allows natural healing to take place
quickly.  As the wound heals, the adhesive sloughs off naturally.  CLOSURE has
signed a worldwide supply, distribution and development rights agreement with
Johnson & Johnson Consumer Products Company which includes rights to its
LIQUIDERM(TM) adhesive and its overall OTC wound care platform, including
distribution rights to all present and future OTC products, except for SOOTHE-
N-SEAL(R) adhesive.  Distribution of LIQUIDERM(TM) adhesive by Johnson &
Johnson Consumer Products Company is expected to begin in early 2002.
    SOOTHE-N-SEAL(R) adhesive is indicated for the treatment of oral ulcers
and mouth sores.  It forms a protective barrier that shields oral ulcers from
irritation due to eating and drinking while providing immediate and long-term
pain relief.  SOOTHE-N-SEAL(R) adhesive is distributed to the professional and
consumer markets by Colgate Oral Pharmaceuticals, Inc.
    The NEXABAND(R) liquid adhesive line consists of two products used in
veterinary wound closure and wound care.  The adhesives are used in cat declaw
procedures as well as spay and neuter procedures.  In July 2001, the Company
entered into an agreement providing Abbott Laboratories with worldwide supply,
distribution and development rights to the NEXABAND(R) product line.  In
accordance with the agreement, Abbott has been granted immediate worldwide
distribution rights of NEXABAND(R) adhesives excluding the United States and
Canada.  Upon the expiration of the Company's prior distribution arrangement
in the second quarter of 2002, Abbott can begin the distribution of
NEXABAND(R) products in the United States and Canada.
    In November 2001, the Company entered into an agreement providing Johnson
& Johnson Wound Management, a division of ETHICON, Inc., a Johnson & Johnson
company, with worldwide supply, distribution and development rights to the
Company's professional wound management platform, including the novel Liquid
Occlusive Dressing ("LOD").  The agreement is in the form of an amendment to
the terms of its existing licensing and development agreement with ETHICON,
Inc.
    DERMABOND adhesive is a registered trademark of ETHICON, Inc.; SOOTHE-N-
SEAL(R) is a registered trademark of Colgate Oral Pharmaceuticals, Inc.;
LIQUIDERM(TM) is a trademark of CLOSURE Medical Corporation; and NEXABAND(R)
is a registered trademark of CLOSURE Medical Corporation.

    This release contains certain forward-looking statements which involve
known and unknown risks, delays, uncertainties or other factors not under the
Company's control which may cause actual results, performance or achievements
of the Company to be materially different from the results, performance, or
other expectations implied by these forward-looking statements. These factors
include, but are not limited to the early stage of commercialization of the
Company products; the progress of its research and development programs for
future products; the need for regulatory approval and effects of governmental
regulation; technological uncertainties; the satisfactory conclusion of
negotiations with, and dependence on marketing partners, and dependence on
patents and trade secrets, as well as those detailed in the Company's Annual
Report on Form 10-K for the year ended December 31, 2000 filed with the
Securities and Exchange Commission.

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