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Spinifex Receives $1.5m In R&D Tax Incentive For Research Activities Related To The Discovery Of Treatments For Pain

Spinifex Pharmaceuticals is an Australian biotechnology company developing new drug candidates for the treatment and management of pain.

Established in 2005 and based in Melbourne, Spinifex has applied its world-class drug development capabilities to advance product candidates. Its lead product EMA401 is under development as a potential first-in-class oral treatment for chronic pain, including neuropathic pain, without CNS side effects. Spinifex's Phase 2 program for EMA401 includes clinical trials in a number of neuropathic pain conditions. Spinifex investors are GBS Venture Partners, Brandon Capital Partners, Uniseed and UniQuest.

http://www.spinifexpharma.com.au

For more information please contact:

Company Dr Tom McCarthy CEO Spinifex Pharmaceuticals Tel: +61(0)3-9938-1205 Email: tom.mccarthy@spinifexpharma.com.au

Media Chris Gardner/ Nina Enegren Citigate Dewe Rogerson Tel: +44(0)20-7638-9571 Email: nina.enegren@citigatedr.co.uk

SOURCE Spinifex Pharmaceuticals

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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