| Lorus selects NC 381 for clinical development 
 Lorus Therapeutics Inc                                                  LOR
 Shares issued 78,751,668                                 May 17 close $2.49
 Thu 18 May 2000                                                News Release
 Ms. Mimi Choi reports
 Lorus  Therapeutics,  through  its  80-per-cent-owned  subsidiary,   NuChem
 Pharmaceuticals  Inc.,  has  chosen  NC 381 as its lead anticancer drug for
 further studies in preparation for clinical trials.
 From a library of several hundred compounds  investigated  at  the  Harvard
 Medical  School  and  in-licensed  to  Lorus  through its subsidiary, three
 potential lead  anticancer  compounds  were  chosen  for  further  detailed
 investigations  to  determine  the  most  effective  anticancer compound in
 preclinical studies including animal tumour models.
 In studies with more than 300 mice containing  different  tumours,  NC  381
 treatment  was  found  to  significantly  reduce the growth of a variety of
 cancers, including tumours derived from human large  cell  lung  carcinoma,
 human  pancreatic carcinoma, human kidney carcinoma and mouse fibrosarcoma.
 NC 381 also significantly inhibited the metastasis  of  malignant  melanoma
 cells (that is the spread of tumour cells to other organs in the body).
 "Death from cancer is usually due to  the  spread  (metastasis)  of  cancer
 cells  from the primary or original site to other organs in the body, so it
 is vital that we develop new drugs that have antimetastatic properties like
 those  found  with  NC  381," said Philippe G. Lacaille, chairman and chief
 executive officer of Lorus Therapeutics Inc. "The finding that NC  381  can
 be taken orally, for example, in pill form, is significant because it means
 the  drug  can  enter  the  body  in  a  less  invasive   way   than   most
 chemotherapeutic  drugs  and  potentially  improve  the quality of life for
 patients."
 Preliminary toxicology studies have shown a very good safety profile for NC
 381. Formal preclinical toxicology studies will begin in June, 2000, and it
 is anticipated that an investigational new drug (IND) application  will  be
 submitted for clinical trial approval by early next year.
 NC 381 was originally designed as an analog  or  chemical  variation  of  a
 well-known  antifungal  agent,  clotrimazole.  In  past  studies,  the drug
 revealed an unique dual mode of antitumour action,  stopping  cancer  cells
 from  dividing  (antiproliferative)  as well as preventing the formation of
 blood vessels (antiangiogenic) required for tumour development.
 WARNING: The company relies on litigation protection for  "forward-looking"
 statements.
 (c) Copyright 2000 Canjex Publishing Ltd. canada-stockwatch.com
 |