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Chemokine Therapeutics

Chemokine Therapeutics incurs net loss of $6 million for 2005

Published in Cardiovascular Business Week, May 2nd, 2006

Chemokine Therapeutics Corp. (CTI; CHKT), a biotechnology company developing peptide-based therapies to treat cancer, blood disorders, cardiovascular and infectious disease, announced the financial and operating results of the year ended December 31, 2005.

Chemokine Therapeutics achieved a number of important milestones in its first year operating as a public company including:

Release of results of phase I clinical trials for the company's immune booster drug CTCE-0214 in healthy volunteers: the company confirmed that the safety profile and efficacy results from the phase I trial of CTCE-0214 warrant continued development;

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