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To: SSP who wrote (19201)1/6/2000 3:35:00 PM
From: elcasmirb  Respond to of 150070
 






Lorus Therapeutics Reports Results of International Scientific

Study

Business Editors

TORONTO--(BUSINESS WIRE)--Dec. 20, 1999-- Lorus Therapeutics
I(TSE:LOR.) (ME:LOR.) (OTC Bulletin Board:LORFF)

- Reported in Gene - An International Journal on Genes and
Genomes -

Lorus Therapeutics Inc. ("Lorus") announced today that it has
published a report in the scientific journal, entitled Gene (Volume
238), which describes a unique role for the ribonucleotide reductase
R2 gene in the development and growth of tumors. The report was a
collaboration of efforts between Lorus and scientists at the National
Institutes of Health in the United States and the University of
Manitoba in Canada.
"By understanding that an abnormal elevation in the R2 component
leads to an increase in the malignant properties of tumor cells, we
were able to develop a series of specific anticancer drugs that could
potentially be used to treat a wide variety of cancers. The first two
drugs to come from this research are GTI 2040 and GTI 2501," said Dr.
Jim Wright, president and chief scientific officer at Lorus.
"Understanding the role of the R2 component of the ribonucleotide
reductase gene in cancer progression is extremely important because it
provides us with additional information on possible new targets for
drug design and treatment strategies."

Lorus recently announced an important step forward with the stamp
of approval from the U.S. Food and Drug Administration ("FDA") for the
company's Investigational New Drug ("IND") application to begin
clinical trials of the anti-cancer drug, GTI 2040. The clinical trials
will take place under the direction of Dr. Richard Schilsky of the
Chicago Cancer Research Center.

Lorus is a biopharmaceutical company focused on the research and
development of cancer therapies. Lorus' goal is to capitalize on its
research, pre-clinical, clinical and regulatory expertise by
developing new drug candidates that can be used, either alone, or in
combination, to successfully manage cancer. Through an active
acquisition and in-licensing program, Lorus is building a portfolio of
promising anti-cancer drugs. Late-stage clinical development and
marketing will be done in cooperation with strategic pharmaceutical
partners. Founded in 1986, Lorus Therapeutics Inc. is a public company
listed on the Toronto Stock Exchange and the Montreal Stock Exchange
under the symbol LOR, and on the OTC BB exchange under the symbol
LORFF.

Except for historical information, this press release contains
forward-looking statements, which reflect the Company's current
expectation regarding future events. These forward-looking statements
involve risks and uncertainties, which may cause actual results to
differ materially from those statements. Those risks and uncertainties
include, but are not limited to, changing market conditions, 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, and other risks detailed from
time to time in the Company's ongoing quarterly filings, annual
reports and 20-F filings.

Lorus Therapeutics Inc.'s press releases are available through
the company's Internet site: www.lorusthera.com.




To: SSP who wrote (19201)1/6/2000 3:35:00 PM
From: joepcf  Read Replies (2) | Respond to of 150070
 
Saw that they just raised the ask on KLYS to .17 a nice run into the close will suit me fine!