She is apparently dead now.
Originally Posted by Amazing Spidey
However, Tom Defalco and some of the other Spider-Man writers were planning to bring Baby May into the Spider-Man books. The package that Mongrain had originally was Baby May. In The Amazing Spider-Man #434 Norman Osborn's Scrier visited Alison Mongrain to retrieve the package. #435, Kaine (the disfigured clone of Peter) reclaimed the package from The Scriers. The plan after was for Kaine to return Baby May to Peter and Mary Jane as a favor to the late Ben Reilly. Reason for that was Kaine made peace with Ben (Spider-Man Redemption #4), and after learning that Ben was murdered, he was determinded to bring his murderer (Norman Osborn) to justice. The Return Of Baby May was scrapped by Bob Harris and John Byrne.
To see how this would have played out, read Spider-Girl #48-49.
Deadpool on the "genius" of Hollywood: Everything's turned into a movie these days. -- Old TV shows, board games, candy bars. And let me tell ya, I'm totally stoked for Butterfinger The Movie.