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VioQuest Pharmaceuticals Announces Data Presentation for Its Akt,Inhibitor VQD-002, at American Association for Cancer Research,Annual Meeting

t can be effective in treating metastatic prostate cancer in the future.

    Presentation Title:  Combined inhibition of Cdk9 and AKT induces apoptosis

                         of metastatic prostate cancer cells


    Author Block:        Subhra Mohapatra, Baoky Chu, Xiuhua Zhao, Jin Cheng,

                         W. Jackson Pledger. H. Lee Moffitt Cancer Ctr. & Res.

                         Inst., Tampa, FL

About VioQuest Pharmaceuticals

VioQuest Pharmaceuticals, Inc. (http://www.vioquestpharm.com) focuses on acquiring, developing, and commercializing targeted late preclinical and early clinical stage therapies with unique mechanisms of action for oncology, viral and autoimmune disorders. VioQuest has two targeted therapeutics in Phase I/IIa clinic trials: VQD-002 which inhibits activation of Akt that is seen at abnormally high levels in breast, ovarian, colorectal, pancreatic, and hematologic tumors; and Lenocta (TM), an inhibitor of specific protein tyrosine phosphatases, which has shown compelling preclinical activity in both renal and melanoma cancers. In addition, VioQuest and the U.S. Army are planning to submit an NDA to the FDA in 2007 for Lenocta (TM) for the treatment of leishmaniasis. VioQuest also has recently in-licensed Xyfid (TM), a topical therapy which has shown early clinical promise in the treatment and prevention of chemo-induced hand-foot syndrome.

Forward-Looking Statements

This press release contains forward-looking statements that involve risks and uncertainties that could cause VioQuest's actual results and experiences to differ materially from the anticipated results and expectations expressed in these forward-looking statements. These statements are often, but not always, made through the use of words or phrases such as anticipates, expects, plans, believes, intends, and similar words or phrases. These statements are based on cu
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