News Release
Phase II Clinical Trial
for Tectin™ approved in China
Date: February 19, 2004
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
approval from the State Food and Drug Administration (SFDA) of P.R.
China to initiate the Phase II clinical trial for Tectin™
in late-stage cancer patients who are already receiving
and are tolerant to opioid therapy for their underlying persistent
and severe cancer pain.
The SFDA states that the
"Phase II clinical trial for this drug is permitted according to
the Drug Administration Act of P.R. China as it complies with the
relevant regulations for examination and approval of new drugs".
Tectin™, a parenteral formulation, is classified by the SFDA as
a Class I Chemical Drug, which means it is a New Chemical Entity
that must undergo full drug development.
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,
is a sodium channel blocker and 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 visit us at http://www.wextech.ca or call Gordon
Stanley, Corporate Communications at 604-683-8880, or at 1-800-722-7549.
Per: Donna Shum, Corporate
Secretary
The TSX Venture 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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