Ondine Biopharma Corporation

Ondine Biopharma Corporation

April 01, 2009 09:44 ET

Ondine Expands MRSA Approvals With MRSAid™ Photodisinfection System

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 1, 2009) - Ondine Biopharma Corporation (TSX:OBP) (AIM:OBP) a medical technology company developing photodisinfection-based products, today announced that it has received additional Health Canada Licenses for its MRSAid™ Photodisinfection System. The system is designed to reduce Methicillin-resistant Staphylococcus aureus (MRSA) colonization of the anterior nasal passages. The nose is a major reservoir of this virulent pathogen and a primary route of transmission for hospital acquired infections.

"MRSA infections can be life-threatening events, placing huge burdens on our healthcare system," said Carolyn Cross, Ondine's Chairman & CEO. "Approximately 94,000 life-threatening infections associated with MRSA are reported annually in the US, resulting in more deaths each year than HIV/AIDS. Because these infections do not respond to first-line antibiotic therapy, treatment is often complex, expensive and ineffective. Ondine's non-antibiotic MRSAid™ system is designed to block carriage of these resistant microbes before transmission can occur between patients, visitors and healthcare workers. The commercialization plan for the MRSAid™ system includes continued in-hospital evaluations on high-level MRSA carriers, development of the US regulatory pathway and establishment of distribution partners."

About Ondine Biopharma Corporation

Ondine is developing non-antibiotic therapies for the treatment of a broad spectrum of bacterial, fungal and viral infections. The Company is focused on developing leading edge products utilizing its patented light-activated technology. Photodisinfection provides broad-spectrum antimicrobial efficacy without encouraging the formation and spread of antibiotic resistance. The Company is based in Vancouver, British Columbia, Canada, with a research and development laboratory in Bothell, Washington, USA, and an international office in St. Michael, Barbados. For additional information, please visit the Company's website at: www.ondinebiopharma.com.

Forward-Looking Statements:

Certain statements contained in this release containing words like "believe", "intend", "may", "expect" and other similar expressions, are forward-looking statements that involve a number of risks and uncertainties. Factors that could cause actual results to differ materially from those projected in the Company's forward-looking statements include the following: market acceptance of our technologies and products; our ability to obtain financing; our financial and technical resources relative to those of our competitors; our ability to keep up with rapid technological change; government regulation of our technologies; our ability to enforce our intellectual property rights and protect our proprietary technologies; the ability to obtain and develop partnership opportunities; the timing of commercial product launches; the ability to achieve key technical milestones in key products and other risk factors identified from time to time in the Company's public filings.

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