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Helix BioPharma Reports on 2008 Annual General Meeting and Provides Corporate Update
Date:12/16/2008

D and CTA dossiers, respectively, before the end of the Company's fiscal fourth quarter ending July 31, 2009, pending success with its pharmacokinetic study plans, ongoing GMP manufacturing scale-up program and further proceedings with regulatory authorities.

Helix projects that its parallel confirmatory efficacy trials for Topical Interferon Alpha-2b will require approximately a two-year period to complete, followed thereafter by the preparation and filing of marketing applications. Conducting these trials will require substantial funding beyond the Company's current resources, for which the Company continues to seek additional capital. Assuming that the Company obtains the necessary funding in due course in order to commence these trials in early 2010, then, subject to other risk factors, including without limitation, expedient IND and CTA regulatory approvals and positive results from the ensuing trials, marketing applications could be made as early as 2012.

Ano-Genital Wart Indication

Helix is continuing to progress with its ongoing Phase II trial of Topical Interferon Alpha-2b in patients with ano-genital warts. The trial is underway in Sweden, and was recently expanded to include sites in Germany. Since receiving regulatory approvals to open these German sites, site initiation activities are progressing well with a view to completing patient enrollment by the end of the Company's fiscal fourth quarter ending July 31, 2009.

A copy of the Company's presentation given at its 2008 Annual General Meeting will be made available via the Company's website at www.helixbiopharma.com.

About Helix BioPharma Corp.

Helix BioPharma Corp. is a biopharmaceutical company specializing in the field of cancer therapy. The Company is actively developing innovative produ
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SOURCE Helix BioPharma Corp.
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