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New Data Presented on Immunocytokine Fusion Protein Further Supports Broad Anti-Cancer Potential Of Peregrine's Anti-PS Technology Platform
Date:10/5/2007

or blood vessels.

This study, "Enhancement of Tumor Immunogenicity by 2aG4-IL2 Fusion Protein," was conducted by Dr, Xianming Huang, assistant professor of pharmacology in the laboratory of Dr. Philip Thorpe. Study results are being presented by Dr. Thorpe at the International Conference on Vascular Targeted Therapies in Oncology, Mandelieu, France, October 5th, 2007 at 3:10pm local time (9:10am ET).

About Peregrine Pharmaceuticals

Peregrine Pharmaceuticals, Inc. is a biopharmaceutical company with a portfolio of innovative product candidates in clinical trials for the treatment of cancer and hepatitis C virus (HCV) infection. The company is pursuing three separate clinical programs in cancer and HCV infection in the U.S. and India with its lead product candidates bavituximab and Cotara(R). Peregrine also has in-house manufacturing capabilities through its wholly owned subsidiary Avid Bioservices, Inc. (http://www.avidbio.com), which provides development and bio-manufacturing services for both Peregrine and outside customers. Additional information about Peregrine can be found at http://www.peregrineinc.com.

Safe Harbor Statement: Statements in this press release which are not purely historical, including statements regarding Peregrine Pharmaceuticals' intentions, hopes, beliefs, expectations, representations, projections, plans or predictions of the future are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The forward-looking statements involve risks and uncertainties including, but not limited to, the risk that results of human studies will not correlate to the results achieved in connection with this preclinical breast cancer animal model, and the uncertainty as to whether the results of future clinical studies will support moving this product candidate forward for the treatment
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SOURCE Peregrine Pharmaceuticals
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