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                                                                    EXHIBIT 99.4


                        INHALE THERAPEUTIC SYSTEMS, INC.
                           STOCK OPTION GRANT NOTICE
                    (1998 NON-OFFICER EQUITY INCENTIVE PLAN)
                                       
                          EVERGREEN STOCK OPTION GRANT

Inhale Therapeutic Systems, Inc. (the "Company"), pursuant to its 1998 
Non-Officer Equity Incentive Plan (the "Plan"), hereby grants to Optionholder 
an option to purchase the number of shares of the Company's Common Stock set 
forth below.  This option is subject to all of the terms and conditions as 
set forth herein and in the Stock Option Agreement, the Plan and the Notice 
of Exercise, all of which are attached hereto and incorporated herein in 
their entirety.

Optionholder:                        ___________________________________
Date of Grant:                       ___________________________________
Vesting Commencement Date:           ___________________________________
Number of Shares Subject to Option:  ___________________________________
Exercise Price Per Share:            ___________________________________
Expiration Date:                     ___________________________________

TYPE OF GRANT:        Nonstatutory Stock Option

EXERCISE SCHEDULE:    Same as Vesting Schedule

VESTING SCHEDULE:     1/12th of the shares vest monthly over one year beginning
                      with the Vesting Commencement Date.

PAYMENT:              By one or a combination of the following items (described
                      in the Stock Option Agreement):

                              By cash or check
                              Pursuant to a Regulation T Program if the Shares
                              are publicly traded
                              By delivery of already-owned shares if the Shares
                              are publicly traded 
  
ADDITIONAL TERMS/ACKNOWLEDGEMENTS:  The undersigned Optionholder acknowledges 
receipt of, and understands and agrees to, this Grant Notice, the Stock 
Option Agreement and the Plan.  Optionholder further acknowledges that as of 
the Date of Grant, this Grant Notice, the Stock Option Agreement and the Plan 
set forth the entire understanding between Optionholder and the Company 
regarding the acquisition of stock in the Company and supersede all prior 
oral and written agreements on that subject with the exception of (i) options 
previously granted and delivered to Optionholder under the Plan, and (ii) the 
following agreements only:

      OTHER AGREEMENTS:           _________________________________________
                                  _________________________________________


INHALE THERAPEUTIC SYSTEMS, INC.            OPTIONHOLDER:

By: 
   --------------------------------         ---------------------------------
            Signature                                  Signature

Title:                                      Date:
      -----------------------------               ---------------------------

Date:
     ------------------------------


ATTACHMENTS:  Stock Option Agreement and Notice of Exercise




                                      
