News Release
Opiate withdrawal treatment documents for Phase IIa accepted
for review
Date: Jan 22, 2002
TSX Venture Exchange Trading Symbol: WXI
http://www.wextech.ca
E-mail: wex@wextech.ca
International Wex Technologies Inc. (the "Company")
is pleased to announce that it has received the
appropriate notification from Canada's Health Products
and Food Branch (HPFB) that its submission for Phase
IIa clinical trial for opiate withdrawal treatment has
been received.
This Phase IIa clinical trial will be a double-blind,
placebo-controlled, fixed repeated-dose efficacy and
safety study of tetrodotoxin (Tetrodin(tm)) in opiate
withdrawal patients. The trial will be conducted at
Ventana Clinical Research Corporation's facility in
Toronto. A total of 16 patients will be recruited and
will last for a period of 12 weeks. The objective of
the trial is to evaluate Tetrodin's efficacy and safety
in assisting in opiate withdrawal.
According to current regulations, there is a 30 day
default period for the HPFB to review the application.
Pursuant to our proposed study protocol being accepted,
the Company will be granted permission to initiate this
study after during the month of February 2002.
In the area of neuro-bioscience, the Company is
focusing on the fields of pain management, drug
addiction treatment and anaesthesia. The Company
is developing products that contain a sodium
channel blocking compound and derivatives extracted
from natural organic substance using its
proprietary manufacturing technology.
For additional information on our products, view the Company website
at http://www.wextech.ca or call Howard Milne, V.P. Corporate Communications,
at 604-683-8880 or 1-800-722-7549.
Per: Donna Shum, Corporate Secretary
The Canadian Venture Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this News Release.
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