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Message #9
From: Stock News Bot
Date: November 21, 2006 04:00:00 AM

PKTX News Protokinetix Announces Current Test Results Strongly Support NSAID Properties of AAGP(TM)

VANCOUVER, British Columbia--(BUSINESS WIRE)--ProtoKinetix, Inc. (OTCBB:PKTX) announces new results that add strength to evidence of AAGP™’s powerful anti-inflammatory action. ITTEC Stem’s laboratory has completed a series of tests to determine the anti-inflammatory abilities of AAGP™. The protective qualities of AAGP™ have been well established under a wide variety of hostile stimuli. In the experiments where AAGP™ was NOT present during the radiation treatment, but added AFTER, the results strongly indicate cellular reparation ability.

The protocol for this program used embryonic skin fibroblasts exposed to the extreme UVC radiation produced by a Spectrolinker™. Forty-eight hours after UVC exposure, the post radiation treated cells were counted at 112% viability. This suggests that AAGP™ not only maintains cell viability and integrity, but also allows these cells to maintain normal cellular function and growth. In contrast, the untreated cells, as expected, had declined to 64% viability being totally incapable of maintaining a healthy functioning colony of cells.

Dr. Michael Palumbro, of ITTEC, suggests that the reparative effect of AAGP™ after UVC exposure strongly indicates that AAGP™ enters the cells and produces long lasting effects on the signaling mechanisms responsible for cell survival and/or repair. If correct, this means that AAGP™ could be the base platform for a whole new family of NSAIDs (Non Steroidal Anti Inflammatory Drugs)

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. 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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