June 23, 2003

Neurochem Conference Call and WebCast on Alzhemed™ Phase II Study for Alzheimer's Disease at 10:00AM today..

- Neurochem, Inc. (TSX: NRM) - will host a teleconference and web cast at 10:00 A.M., ET, today, June 23, 2003, to discuss the findings of its Phase II study on Alzhemed™, its investigational drug candidate for the treatment of Alzheimer's disease. The dial-in will allow participants to listen and ask questions, while the webcast will host a visual presentation.

To participate in the teleconference and web cast, please dial 1 888-575-8232 or alternatively 1-416-406-6819 approximately 10 minutes prior to the start of the teleconference AND access Neurochem's website at www.neurochem.com.

A replay of the teleconference will be available on Neurochem's website one hour following the conference call. This webcast will include the conference call and the visual presentation.

About Neurochem

Neurochem is focused on the development and commercialization of innovative therapeutics for neurological disorders. The Company's staged pipeline of proprietary, disease-modifying, oral products addresses critical unmet medical needs. Fibrillex™, designated an orphan drug, is in a pivotal Phase II/III clinical trial for AA amyloidosis. Alzhemed™ has completed a Phase II clinical trial. Cerebril™ is in a Phase II trial for the prevention of hemorrhagic stroke caused by cerebral amyloid angiopathy. Neurochem is also developing a product for the potential treatment of epileptic seizures induced by traumatic brain injury. For additional information on Neurochem, please visit our website at: (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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