News Release
Phase I Clinical Trial completed in China
Date: Sept 26, 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 the Phase I clinical trials begun in China as
per our news release of July 24, 2002 have been completed on
schedule. The results are being compiled and a report is
expected shortly.
Mr. Frank Shum, President stated that, "Now that the
Phase I in China is completed all attention is now drawn
to designing a good Phase II clinical trial for China.
It is our intention to enter the next stage as soon as possible".
Mr. Shum added, "The Canadian experience with Phase I allowed us
to make a very fast yet very good study. As you know, Phase I is
for healthy volunteers. We exceeded the single dosage to those
given in Canada and are cautiously optimistic that with this
additional learning curve plus the information gathered, greater confidence can be placed on the safety margin of our product for
human use".
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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