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FDA Grants Approval for Treatment Use of Generex (GNBT) Oral-lyn(TM) Under IND Program

September 10, 2009 9:30 AM EDT
Generex Biotechnology Corporation (Nasdaq: GNBT) today announced that the U.S. FDA has granted approval for the treatment use of Generex Oral-lyn(tm) under the FDA's Treatment Investigational New Drug program.

The FDA's Treatment IND program allows companies to provide early access to investigational drugs for patients with serious or life-threatening conditions for which there is no satisfactory alternative treatment. Drugs that are granted approval by the FDA for the Treatment IND program must demonstrate the prospect of efficacy through clinical testing.

Under a structured Treatment IND protocol, Generex Oral-lyn(tm) will be provided to patients with serious or life-threatening Type 1 or Type 2 diabetes mellitus, with no satisfactory alternative therapy available for the treatment of diabetes, and who are not eligible to participate in the Company's ongoing global Phase III pivotal clinical trial.

This Treatment IND will be open to eligible patients that comply with the inclusion/exclusion criteria of the protocol, including those who are taking currently approved anti-diabetic medications. There are no oral or injectable medications contraindicated for this IND program.

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