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DelMar Pharmaceuticals Gives Quarterly Shareholder Update
Date:11/11/2013

83 with market exclusivity following approval for seven years in the United States and ten years in Europe.

Earlier this year, we announced that a new patent covering methods for synthesizing VAL-083 had been granted to us by the United States Patent & Trademark Office.  We continue to prosecute this as well as our other patent applications on a worldwide basis and we anticipate that additional patents will be granted in the future. 

We Are Developing a Commercial Opportunity for VAL-083 in China
In 2006, VAL-083 received national approval in China as a treatment for both chronic myelogenous leukemia (CML) and lung cancer.  However, the drug has never been actively marketed for the treatment of these diseases. In 2012, we established a collaboration and exclusive global supply agreement with Guangxi Wuzhou Pharmaceuticals, the only company licensed by the Chinese Food and Drug Administration to manufacture VAL-083 for the China market.  We are working closely with our partner to support their cGMP qualification as an exclusive supplier for our global development of VAL-083.

Our research suggests that VAL-083 may have a valuable place in the modern treatment of CML and lung cancer, both in China and worldwide.  During the past quarter, we established a clinical advisory board with leading cancer physicians in China.  Our intention is to work with these clinicians and our partner, Guangxi Wuzhou Pharmaceuticals, to develop new post-market clinical data to support the utility of VAL-083 in the context of modern care under its existing approval in China.  We believe these new clinical data, if favorable, would allow for the repositioning of VAL-083 in the China market as well as expanding its prospects for worldwide development
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