Cynapsus Therapeutics Inc.
TSX VENTURE : CTH

Cynapsus Therapeutics Inc.

February 13, 2012 08:00 ET

Cynapsus Therapeutics: President and CEO Interview to Air on Ichannel's The Next Biggest Winner Program on Tuesday, February 14th at 7:30pm

TORONTO, ONTARIO--(Marketwire - Feb. 13, 2012) - Cynapsus Therapeutics Inc. (TSX VENTURE:CTH), a specialty pharmaceutical company developing a rescue therapy for Parkinson's disease, today announced that an interview with Anthony Giovinazzo, President and CEO, will air on Ichannel's The Next Biggest Winner program on Tuesday, February 14th at 7:30 pm.

Mr. Giovinazzo will be recapping the recent progress the Company has made, including the results of a 500 Neurologist Survey confirming the significant unmet medical need for its Parkinson's drug candidate, as well as information on its recently completed human healthy volunteer pilot study which was announced on January 10, 2012.

Mr Giovinazzo will also be answering questions from the host of the program and an experienced Pharma/Biotech analyst regarding Cynapsus' business model, intellectual property and potential size of the market for its product.

About The Next Biggest Winner

The Next Biggest Winner is a resource for ordinary Canadians trying to understand the stock market and make savvy investment decisions. We'll hear from the top brass at emerging public companies jockeying to position themselves as the next big buy, and will put their claims to a hard-headed reality check by independent experts and analysts. The Ichannel has approximately 1.3 million subscribers.

About Cynapsus Therapeutics

Cynapsus is a specialty pharmaceutical company developing an improved dosing formulation of an approved drug used to treat the symptoms of Parkinson's disease. Parkinson's disease is a chronic and progressive neurodegenerative disease that impacts motor activity, and its prevalence is increasing with the aging of the population. It is estimated that between 25 percent and 50 percent of patients experience "off episodes" in which they have impaired movement or speaking capabilities. Current medications only control the disease's symptoms, and most drugs become less effective over time as the disease progresses.

Cynapsus' lead drug candidate, APL-130277, is an easy-to-administer, fast-acting and oral reformulation of an approved drug, Apomorphine, used to rescue patients from off episodes. Cynapsus is focused on rapidly maximizing the value of APL-130277 by completing pivotal studies in advance of a New Drug Application expected to be submitted in 2013 or 2014. The Company anticipates out-licensing to an appropriate pharmaceutical partner before such an application is submitted.

More information about Cynapsus (TSX VENTURE:CTH) is available at www.cynapsus.ca and at the System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com.

Forward Looking Statements

This press release contains "forward-looking statements" within the meaning of applicable Canadian securities legislation. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes" or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Cynapsus to be materially different from those expressed or implied by such forward-looking statements, including but not limited to those risks and uncertainties relating to Cynapsus' business disclosed under the heading "Risk Factors" in Cynapsus' current Annual Information Form and its other filings with the various Canadian securities regulators which are available online at www.sedar.com. Although Cynapsus has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Cynapsus does not undertake to update any forward-looking statements, except in accordance with applicable securities laws.

The TSX Venture Exchange Inc. has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release.

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