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Oncothyreon Inc.

Oncothyreon announces effectiveness of shelf registration statement

Published in Health Business Week, April 25th, 2008

Oncothyreon Inc. (NASDAQ: ONTY) (TSX: ONY) announced that the Securities and Exchange Commission has declared effective Oncothyreon's registration statement on Form S-3 (File # 333-149837). The registration statement allows Oncothyreon to offer and sell from time to time securities with aggregate maximum offering price of up to $50,000,000.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor, shall there be any sale of securities in any jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. Any offer of...

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