Miraculins Inc.
TSX VENTURE : MOM

Miraculins Inc.

November 06, 2006 09:03 ET

Miraculins Commences Gastric Cancer Validation Study

WINNIPEG, MANITOBA--(CCNMatthews - Nov. 6, 2006) - Miraculins Inc. (TSX VENTURE:MOM), a biotechnology company dedicated to the discovery and validation of cancer biomarkers for use in developing diagnostic tools and therapeutic products, is pleased to announce that it has begun the validation study for its gastric cancer biomarkers.

Miraculins announced the initiation of its gastric cancer (stomach cancer) diagnostic research program in September 2006. This validation study represents the next step in confirming the diagnostic relevance of the numerous markers detected during an earlier discovery phase study.

"A simple blood based test for diagnosis of gastric cancer does not exist, and that is why we are so excited about these promising biomarkers" said Dr. Jim Charlton, President of Miraculins. "The main reason we acquired these markers was because the discovery phase data was so outstanding. Our validation study is an important research milestone on the road to making a significant contribution to early detection of this disease".

Last year in the United States alone, there were over 22,000 new cases of gastric cancer reported, and over 11,000 deaths. The initial diagnosis of gastric cancer is often delayed because up to 80% of patients do not show symptoms during the early stages of the disease. Most cases of gastric cancer are discovered only after the disease has advanced. Current diagnostic methods for gastric cancer are predominantly image based, invasive and expensive, resulting in low compliance in the general population. The diagnosis of gastric cancer could be dramatically improved with the availability of reliable biomarker based tests.

"We have already collected all of the samples required for this study and they are being prepared for analysis utilizing our BEST™ Platform", added Dr. Charlton. "We are careful when we do our discovery and validation research, to collect enough samples as to ensure that the results have statistical relevance."

About Miraculins Inc.

Miraculins is discovering, validating and developing biological markers (biomarkers) with clinical relevance for the diagnosis and treatment of cancers with critical unmet needs. The importance of tumor biomarkers for "common" cancers has been widely recognized and acknowledged by cancer experts and leading groups such as the National Cancer Institute and the American Cancer Society. The Company's BEST™ Platform utilizes the concurrent analysis of clinical factors and biological data, and a combination of proteomic, mass spectrometric, and protein chemistry techniques for biomarker discovery.

Certain information contained in this press release may be forward-looking and is subject to risks and uncertainties. Although the Company believes that the expectations contained herein are reasonable, it can give no assurances such forward-looking statements will prove correct. Information is provided from sources deemed to be reliable.

The TSX Venture Exchange has neither approved nor disapproved the contents of this press release.

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