Cyplasin Biomedical Ltd enters negotiations with Contract Manufacturing Organizations for scale up and GMP manufacture of Cyplasin-SC(TM)



    CYPL: OTCBB

    EDMONTON, Nov. 16 /CNW/ - Cyplasin Biomedical Ltd., announced today it
has initiated talks with various Contract Manufacturing Organizations (CMOs)
from Eastern Europe, Germany, Switzerland and the United States for the
continued manufacture and scale-up manufacturing process of Cyplasin-SC. Once
the scale-up manufacturing protocol is in place it will be possible to produce
Cyplasin-SC under Good Manufacturing Practise (GMP) guidelines.
    "We need to be able to scale up the manufacture of Cyplasin-SC now in
order to be able to complete our late stage preclinical toxicology efforts and
then be able to produce it under GMP guidelines for our human clinical studies
later on," stated Garth Likes, President & CEO. He further stated "being able
to produce under GMP guidelines is mandatory for various worldwide regulatory
authorities such as the FDA."
    GMP guidelines are designed to assure that consistent high quality
manufacturing procedures are followed and maintained for all therapeutic drug
products. GMP for example ensures correctness and legibility of recorded
manufacturing and control documentation and that data transfers are performed
in specific ways to avoid manufacturing mistakes.
    All of the CMOs selected for talks have been pre-screened for their
ability to meet the required GMP guidelines and are qualified to manufacture
cyplasin accordingly. A decision by the company on the final selection of a
manufacturer is expected in the upcoming weeks.

    About Melanoma

    Around 160,000 new cases of new melanoma cases are diagnosed worldwide
each year. Melanoma is more frequently found in caucasian males and is more
common in caucasian populations living in sunny climates than in other groups.
Market statistics for skin cancer and melanoma show that melanoma currently
affects more then 2.4 million people worldwide with 62,000 new cases being
reported in the USA every year. Australia has the highest rate of melanoma in
the world among males and has the second highest rate in the world among
females (Australia's Health 2004, AIHW). According to the WHO Report the world
wide incidence has doubled over the past 20 years with about 48,000 melanoma
related deaths occuring worldwide per annum.

    About Cyplasin-SC(TM)

    Cyplasin-SC(TM) has demonstrated a selective ability to rapidly kill
certain types of cancer cells while leaving normal non-cancerous cells
untouched. Cyplasin-SC(TM) is a protein originally discovered and isolated by
Professor Petzelt from a marine organism, the sea hare (Aplysia punctata). The
protein can now be manufactured as a recombinant protein which allows the
company to develop the protein as an anti-cancer therapeutic product. United
States and European Patents have been issued to the Company covering the
Cyplasin-SC(TM) protein.

    About Cyplasin Biomedical Ltd. (CBL)

    Founded in 2007 and headquartered in Edmonton, Canada with a research
laboratory close to Berlin, Germany, CBL is dedicated to bringing new
anticancer therapeutics to the marketplace. The Company's current goal is to
develop and commercialize the anticancer properties of Cyplasin-SC(TM) against
skin cancer and melanoma. CBL is publicly traded (CYPL: OTCBB)

    Forward-Looking Statements

    This Press release includes and is based, inter alia, on forward-looking
information and statements that are subject to risks and uncertainties that
could cause actual results to differ. Such forward-looking information and
statements are based without limitation, as statements regarding future drug
development activities, anticipated products, or anticipated future revenues,
benefits or advantages, and the future plans and objectives of the Company,
that involve inherent risks and uncertainties and are subject to factors, many
of which are beyond the Company's control, such as market acceptance of new
products and services, changes in governmental regulations, interest rates,
fluctuations in currency exchange rates and such other factors as may be
discussed from time to time that may cause actual results or performance to
differ materially from those currently anticipated in such statements. These
expectations, estimates and projections are generally identifiable by
statements containing words such as "expects", "believes", "estimates" or
similar expressions. Although Cyplasin Biomedical Ltd., believes that its
expectations and the information in this Press release were based upon
reasonable assumptions at the time when they were made, it can give no
assurance that those expectations will be achieved or that the actual results
will be as set out in this Press release. Cyplasin Biomedical Ltd., makes no
representation or warranty, expressed or implied, as to the accuracy,
reliability or completeness of the information in the Press release, and
neither Cyplasin Biomedical nor any of their directors, officers or employees
will have any liability to you or any other persons resulting from your use of
the information in the Press release. The OTCBB Exchange has not reviewed and
does not accept responsibility for the adequacy or accuracy of this news
release.





For further information:

For further information: Garth Likes (President & CEO), Cyplasin
Biomedical Ltd, Tel.: (780) 469-2975, Fax: (780) 699-7933,
glikes@cyplasin.com; Professor Christian Petzelt (CSO), Cyplasin Biomedical
Ltd, Tel.: 0049-30-95992761, cpetzelt@cyplasin.com; www.cyplasin.com

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CYPLASIN BIOMEDICAL LTD.

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