DiaMedica's DM199 Named One of the Top Ten Cardiovascular/Metabolic Disease Projects to Watch

MINNEAPOLIS, MINNESOTA--(Marketwired - Oct. 30, 2013) - DiaMedica (TSX VENTURE:DMA), a clinical stage biopharmaceutical company is pleased to announce Elsevier Business Intelligence has named clinical drug DM199 as one of the Top Cardiovascular/Metabolic Projects to Watch.

The Top 10 list is selected by an independent panel each year to highlight compounds that address a large, unmet market, strong science and a diversity of indications. Other criteria include the potential for new opportunities beyond initial indications, multi‐level partnering opportunities and a strong company behind the compound.

Companies selected in the Top Cardiovascular/Metabolic Projects to Watch were screened against strict criteria and are considered the most attractive cardiovascular/metabolic opportunities in the industry. Past Top 10 candidates have signed $US17 billion in potential acquisitions and alliances including Vectura, AVEO, Trophos, BiPar, Myogen, Sirtris and Kosan.

DiaMedica will present the latest research on DM199 at the Therapeutic Area Partnerships meeting on November 19, 2013 at the Hyatt regency in Boston, MA.

"We are very pleased to have DM199 recognized as one of the most promising treatments under development and look forward to presenting our research to the pharmaceutical community," said Rick Pauls, DiaMedica's President and CEO.

DM199 is currently in a randomized, double-blinded, placebo-controlled Phase I/II clinical study in Type 2 diabetic patients and healthy volunteers. Results to date demonstrate DM199 has achieved its primary clinical endpoints of safety, tolerability and sustained pharmacokinetic (PK) properties in healthy volunteers and diabetic patients. In addition, results from secondary endpoints in Type 2 diabetic patients assessing glucose control were consistent with an insulin sensitization mechanism of action.

About DiaMedica

DiaMedica Inc. is a publicly traded (TSX VENTURE:DMA) clinical stage biopharmaceutical company focused on the discovery and development of novel therapies to treat diabetes and the complications associated with diabetes. DiaMedica's lead clinical stage compound, DM199, is a recombinant human protein known as rhKLK1 that represents a novel approach to treating diabetes and associated complications. DiaMedica is also developing a novel monoclonal antibody, DM204 for the treatment of Type 2 diabetes, which is in preclinical development.

The Company is listed on the TSX Venture Exchange in Canada under the trading symbol 'DMA'.

FORWARD-LOOKING STATEMENTS

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