InNexus Biotechnology Inc.

InNexus Biotechnology Receives 2008 Frost & Sullivan Innovation of the Year Award

Published in Healthcare Mergers, Acquisitions and Ventures Week, May 24th, 2008

InNexus Biotechnology Inc. (OTCBB:IXSBF) (TSX VENTURE:IXS) (www.ixsbio.com), a drug development company commercializing the next generation of monoclonal antibodies, announced that it has been awarded the 2008 Frost & Sullivan Therapeutic Monoclonal Antibodies Technology Innovation of the Year Award for its Dynamic Cross Linking (DXL(TM)) technology.

"We are pleased to accept this award for our DXL(TM) technology and anticipate many new innovative products to emerge in the near future from this technology," said Jeff Morhet, CEO and Chairman of InNexus Biotechnology.

Pablo Legorreta, Chief Executive Officer of Royalty Pharma stated, "I'm pleased with...

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Source: Healthcare Mergers, Acquisitions and Ventures Week (2008-05-24)

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