Grant of US patent

Provexis PLC 21 March 2007 21 March 2007 PROVEXIS plc ('Provexis' or the 'Company') GRANT OF US PATENT FOR INFLAMMATORY BOWEL DISEASE TECHNOLOGY Provexis plc, the nutraceutical company that develops scientifically-proven functional and medical foods, announces that the US Patent Office has granted a patent for its plantain-based extract for the treatment of Inflammatory Bowel Disease ('IBD'). Provexis has been developing the plantain-based extract in conjunction with its partner, the University of Liverpool, with the aim of extending periods of remission in Crohn's Disease patients. A prototype product is currently undergoing final testing, and the Company will shortly be applying for authorisation to commence a large-scale one-year human trial later in 2007. Stephen Moon, CEO commented: 'We are pleased that the patent for our plantain technology has been granted in the world's largest market. Preparations for the human trial are now well advanced and we believe this important element of our pipeline will deliver significant shareholder value in the future.' -ends- For further information please contact: Stephen Moon, CEO Provexis plc Tel: 020 8392 6631 Tom Griffiths/Richard Johnson Arbuthnot Securities Tel: 020 7012 2000 Notes: Crohn's Disease is a type of IBD affecting 1 in 600 people in the developed world. Current treatments are expensive, have limited efficacy and can also have significant side effects. Given the debilitating nature of the disease, an efficacious and cost effective supplement specifically aimed at the maintenance of remission should be attractive to the medical profession and Crohn's Disease sufferers. The fruit of the plantain, which is similar to the banana, contains a type of soluble fibre with bioactive properties. This information is provided by RNS The company news service from the London Stock Exchange

Companies

Provexis (PXS)
UK 100