October 29, 2002

Neurochem announces webcast of presentation at The 4th Annual MASS Opportunities Investor Conference.

Neurochem Inc. (TSX : NRM) announced today that its presentation at The 4th Annual Mass Opportunities Investor Conference will be webcast live via the MASS Opportunities conference Web site at http://www.visualwebcaster.com/event.asp?id=8997. The presentation will be delivered at 8:20 am (ET) on October 29, from the Hilton Boston Logan Airport, in Boston.

During the presentation, Dr. Louis R. Lamontagne, President and CEO of Neurochem, will outline recent clinical advancements supporting the further development of Fibrillex™, for the life-threatening orphan disease, secondary amyloidosis; Alzhemed™, for the treatment of Alzheimer's Disease; and Cerebril™, for the treatment of hemorrhagic stroke due to cerebral amyloid angiopathy.

About Neurochem

Neurochem is an industry leader in the development of therapeutic drugs and diagnostic tools for central nervous system (CNS) and amyloid-related diseases associated with aging. The Company has to date advanced three drug candidates to clinical trials: Fibrillex™, for the life-threatening orphan disease, secondary amyloidosis in a pivotal Phase II/III clinical trial, Alzhemed™, for the treatment of Alzheimer's Disease advancing to Phase II clinical trials, and Cerebril™, for hemorrhagic stroke also advancing to Phase II clinical trials. The Company has built a strong product pipeline by developing a novel, proprietary series of compounds that inhibit the formation, deposition and toxic effects of amyloid fibrils within the body. Neurochem's overall therapeutic programs target CNS disorders including Alzheimer's disease, epileptic seizures caused by head trauma or acute brain injury, and hemorrhagic stroke (due to cerebral amyloid angiopathy), and other life-threatening diseases including systemic amyloidosis and amyloid-associated diabetes type II. (www.neurochem.com).

All of the statements contained in this news release, other than statements of fact which are independently verifiable at the date hereof, are forward-looking statements. Such statements, based as they are on the current expectations of management, inherently involve numerous risks and uncertainties, known and unknown. Some examples of known risks are: the impact of general economic conditions, general conditions in the pharmaceutical industry, changes in the regulatory environment in the jurisdictions in which Neurochem does business, stock market volatility, fluctuations in costs, and changes to the competitive environment due to consolidation or otherwise. Consequently, actual future results may differ materially from the anticipated results expressed in the forward-looking statements.

For further Information, please contact:
Dr. Lise Hébert
Vice President, Corporate Communications
lhebert@neurochem.com

275 Armand-Frappier
Laval (Quebec)
H7V 4A7
Tel: (450) 680-4500
Fax: (450) 680-4501

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