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Message #6
From: Stock News Bot
Date: October 16, 2006 04:00:00 AM

PKTX News ProtoKinetix's AAGP(TM) Significantly Reduces Inflammation

VANCOUVER, British Columbia--(BUSINESS WIRE)--Dr. John Todd, president and CEO of ProtoKinetix, Inc. (OTCBB:PKTX), announces today the results of a series of tests conducted by ITTEC Stem laboratory in Montreal. These results confirm that AAGP™ reduces inflammation.

For the first time, AAGP™ is shown to have an effect on a signaling/molecular pathway. This pathway is known to be involved in an inflammatory reaction, angiogenesis (development of blood vessels) and in the development of malignancies. Research work done to date demonstrates that even as the intensity of the inflammatory stimulus was increased, the efficacy of AAGP™ as an anti-inflammatory agent was still present.

This exciting new development has opened up several additional opportunities for research and business development. The full report is available for viewing at: www.protokinetix.com.

About ProtoKinetix:

ProtoKinetix, Inc. is a Biotechnical Company dedicated to the development of a family of synthetic antifreeze glycoproteins (AAGP™) for human and veterinary medicine, the bio technology and cosmetic industries, and as a food additive. Using previously published research on native antifreeze proteins and antifreeze glycoproteins as a guide, and coordinating a vast pool of world recognized intellectual talent in a networked environment, PKTX is conducting rapid and meaningful research with a view to developing markets for this very useful family of molecules. Sign up for free automatic email news alerts at our new website at: www.protokinetix.com.

The Private Securities Litigation Reform Act of 1995 provides a “safe harbor” for forward-looking statements. Some information included in this press release contains statements that are forward-looking. Such forward-looking information involves significant risks and uncertainties that could affect anticipated results in the future and, accordingly, these results may differ materially from those expressed in any forward-looking statements made by or on behalf of the Company. For a description of additional risks and uncertainties, please refer to the Company’s filings with the Securities and Exchange Commission.

On behalf of the Board of Directors
Dr. John Todd - President

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