PanaMed Launches HIV Treatment Program

PanaMed Launches HIV Treatment Program

Business Wire - June 19, 2002

CAMARILLO, Calif.--(BUSINESS WIRE)--June 19, 2002--PanaMed Corporation (OTCBB:PANA) announced today it has initiated a limited treatment program in a single West African nation using "Viro-Net," a therapeutic with potential for treating HIV/AIDS and related health conditions in third world countries. Viro-Net, supplied exclusively by Havel Investments Limited, has been in development for many years. Completion of this program is expected to be a major step in the future commercialization of the product.

Viro-Net is expected to demonstrate a high degree of effectiveness in the treatment of patients in a controlled and monitored environment. Local medical personnel will oversee the treatments which will be conducted in a government certified clinic and will use sophisticated equipment for monitoring patient progress. PanaMed expects that upwards of 60 patients will be treated during the first Phase of the program.

"We are extremely pleased with the enthusiastic reception received from the West African representatives supporting this project. I believe we are on the threshold of making a difference in this region of the world," stated Phil Butler, CEO of PanaMed. "These people are searching for an alternative to the conventional HIV/AIDS medications used today, most of which tend to only slow down the progression of the disease. It is our hope that Viro-Net will provide a better solution."

About PanaMed

PanaMed is in business to facilitate future testing and distribution of therapeutics for the treatment of serious health conditions such as HIV/AIDS. The therapeutics use "cellular signaling" techniques to teach the body's immune system how to fight off the invading virus. These products have not been submitted for FDA review and may not be offered for sale or use in the United States. For more information on PanaMed, please contact TwoTrades.com at (888) 577-6898.

This document contains forward looking statements. There are certain important factors that could cause results to differ materially from those anticipated by the statements made above. Additional information on these and other factors will be included on future 10-Q and 10-K reports.

CONTACT: TwoTrades.com Chip Parrish (Investor Relations), 888/577-6898 SOURCE: PanaMed Corporation

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