Contacts:
Lorus Therapeutics Inc. Media Contact: US Investor Relations
Bruce Rowlands Eliza Walsh / Amy Banek Tim Clemensen
Senior Vice President Mansfield Communications Rubenstein Investor Relations
(416) 798-1200 ext. 338 (416) 599-0024 / (212) 370-5045 (212) 843-9337
browlands@lorusthera.com eliza@mcipr.com tim@rir1.com
LORUS CEO DR. JIM WRIGHT TO RING OPENING BELL ON THE AMERICAN STOCK EXCHANGE ON FRIDAY JUNE 18, 2004
TSX: LOR
AMEX: LRP
TORONTO, CANADA, June 17, 2004 Lorus Therapeutics Inc. (Lorus) announced today that Dr. Jim Wright, CEO of Lorus Therapeutics has been invited to ring the opening bell for trading at the American Stock Exchange (Amex) on June 18, 2004. Bruce Rowlands, senior vice-president, will also attend the ceremony.
As part of the welcoming ceremony, Amex will conduct an interview with Lorus which will be available via web cast on the Amex website, www.amex.com, on June 21.
It is an honor to participate in the bell ringing ceremony at the American Stock Exchange, said Dr. Wright. Our listing on the Amex will allow broader investor participation in Lorus as we move forward in registration with our lead anticancer drug, Virulizin(R).
About Lorus
Lorus is a biopharmaceutical company focused on the research and development of cancer therapies. Lorus goal is to capitalize on its research, preclinical, clinical and regulatory expertise by developing new drug candidates that can be used, either alone, or in combination, to successfully manage cancer. Through its own discovery efforts and an acquisition and in-licensing program, Lorus is building a portfolio of promising anticancer drugs. Late-stage clinical development and marketing may be done in cooperation with strategic pharmaceutical partners. Lorus currently has three products in human clinical trials with a pipeline of seven clinical trials in phase II clinical trial programs and one phase III registration clinical trial. Lorus Therapeutics Inc. is a public company listed on the Toronto Stock Exchange under the symbol LOR, and on the American Stock Exchange under the symbol LRP.
Forward Looking Statements
Except for historical information, this press release contains forward-looking statements, which reflect the Companys current expectation and assumptions, and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. These forward-looking statements involve risks and uncertainties, including, but not limited to, changing market conditions, the Companys ability to obtain patent protection and protect its intellectual property rights, commercialization limitations imposed by intellectual property rights owned or controlled by third parties, intellectual property liability rights and liability claims asserted against the Company, the successful and timely completion of clinical studies, the establishment of corporate alliances, the impact of competitive products and pricing, new product development, uncertainties related to the regulatory approval process, product development delays, the Companys ability to attract and retain business partners and key personnel, future levels of government funding, the Companys ability to obtain the capital required for research, operations and marketing and other risks detailed from time-to-time in the Companys ongoing quarterly filings, annual information form, annual reports and 40 -F filings. We undertake no obligation to publicly update or revise any forward looking statements, whether as a result of new information, future events or otherwise. Lorus Therapeutics Inc.s press releases are available through the Companys Internet site: http://www.lorusthera.com.
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