News Release
Interim Analysis Completed
For Tectin™ Phase IIA Severe Cancer Related Pain Trial
Date: October 21, 2003
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 the completion of an
interim analysis of its Phase IIa trial on patients with advanced
cancer disease who had not achieved adequate pain relief employing
current established drug therapies.
The two primary objectives
of the study are to evaluate safety at a variety of dose levels
of Tectin™ and characterize its analgesic activity. Based on the
results of the interim analysis and in line with the recommendation
of its clinical advisors and investigators, the Company will file
a Clinical Trial Application (CTA) with Health Canada to begin a
Phase IIb/III pivotal trial. The CTA application for the pivotal
trial is anticipated to be filed within the next 30 days.
The Company plans to publish
the results of the Phase IIa trial in a peer-reviewed journal.
International Wex Technologies
Inc., a publicly listed neuro-bioscience Company (WXI), is focused
on the development and commercialization of innovative drug products,
primarily for pain management. The Company's lead compound, Tetrodotoxin,
a sodium channel blocker, is the platform for the Company's development
of a portfolio of proprietary products in the field of analgesia,
drug addiction withdrawal treatment, and local anaesthesia.
For additional information
on our products, view the Company website at http://www.wextech.ca
or call Gordon Stanley 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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