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Helix BioPharma product development update, quarterly highlights and financial results for fiscal Q3 2008
Date:6/11/2008

AURORA, ON, June 11 /PRNewswire-FirstCall/ - Helix BioPharma Corp. (TSX, FSE: "HBP"), a biopharmaceutical company specializing in the field of cancer therapy, today announced its product development progress, quarterly highlights and financial results for the three and nine month periods ended April 30, 2008.

"During the quarter, we made significant advancements in the development of our lead clinical compounds," said John Docherty, President of Helix Biopharma. "We are currently developing plans for Topical Interferon to enter expanded Phase II/III clinical trials and we are anticipating L-DOS47 entering the clinic in a Phase I study."

HIGHLIGHTS

The Company's highlights for the quarter included the following events:

Clinical Development

- Helix met with the German Federal Institute for Drugs and Medical

Devices (BfArM) as a preliminiary step toward filing its CTA for a

planned large, randomized, placebo-controlled, double-blind Phase III

European clinical trial of Topical Interferon Alpha-2b in patients

with low-grade cervical lesions ("LSIL");

- Helix received approval from the Swedish Medical Products Agency for

a clinical protocol amendment to expand its Topical Interferon

Alpha-2b AGW clinical trial to sites in Germany;

- The Prominent German dermatologist, Professor Dr. med. Eggert

Stockfleth of the Department of Dermatology, Skin Cancer Center

Charite, Universitatsmedizin Berlin, was engaged by Helix to act as

the German co-ordinating investigator for the expanded AGW clinical

trial in Germany;

GMP Manufacturing

- Contract Pharmaceuticals Limited Niagara was engaged by Helix to

further scale-up the Topical Interferon Alpha-2b GMP production

process in anticipation of conducting clinical trials in the U.S. and

Europe in patients with LSIL;

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SOURCE Helix BioPharma Corp.
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