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Nventa Provides Corporate Update and Advancement Plans for HspE7, Hsp 6/11 and Poly-ICR
Date:10/8/2008

nue opportunity; that Poly-ICR will not be useful in the treatment of GW or actinic keratosis; that we will not complete development activities or file an IND application in connection with Poly-ICR; that we will not finalize manufacturing or formulation protocols or file an IND in connection with Hsp 6/11; that we will be unable to execute our corporate restructuring as planned; that we will be unable to expand corporate development efforts as planned and that such efforts will not produce the desired results; that results from future clinical trials will not be consistent with our expectations; that we will not be able to recruit patients for our planned trials in a timely manner; our need for capital, which may not be available on a timely basis, or at all; risks associated with requirements for approvals by government agencies such as the FDA before products can be tested in clinical trials; the possibility that such government agency approvals will not be obtained in a timely manner or at all or will be conditioned in a manner that would impair our ability to advance development; risks associated with the requirement that a drug candidate be found safe and effective after extensive clinical trials; our dependence on suppliers, collaborative partners and other third parties and the prospects and timing for obtaining clinical supply materials; our ability to attract and retain key personnel; and other factors as described in detail in our filings with the Canadian securities regulatory authorities at http://www.sedar.com.

Assumptions underlying our expectations regarding forward-looking statements or information contained in this press release include, among others that our planned corporate restructuring will have the anticipated affect; that we will succeed in forming strategic alliances and that such alliances will allow us to realize the greatest value for our programs; that we will commence Phase 2 clin
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