SPPH Spencer Pharmaceutical Inc (CE)

(PINKSHEETS: SPPH) Spencer Pharmaceutical Inc. announced that the recently concluded agreement with Polyvalor, L.P. (www.univalor.ca) to license the inventions and future research results on type 2 Diabetes derived from the team headed by Professor Michael Buschmann at École Polytechnique de Montréal was published in one of the eminent scientific journals, Gene Therapy. This journal is one of the prestigious Nature series journals and is considered to be among the top scientific journals in the world.

The abstract of the publication and the possibility to order the full paper can be found at the present link (http://www.nature.com/gt/journal/vaop/ncurrent/abs/gt201125a.html).

Using a well recognized animal model, intraperitoneal glucose tolerance tests revealed an efficacious decrease of blood glucose compared with controls for up to 24 days after a treatment with proprietary-patented nanocomplexes, where injections of this formulation allowed near-normalization of blood glucose level.

"This peer-reviewed publication is a major breakthrough in type 2 Diabetes research," said Dr. Max Arella, CEO of Spencer Pharmaceutical Inc. "The recognition of the scientific community through this peer-reviewed publication, renowned for the quality of its content, is a further confirmation of the quality of the work performed by Professor Michael Buschmann," added Dr. Arella. "The recognition of the scientific community of one of our projects in the pipeline is a solid confirmation of the seriousness of our science."

Spencer Pharmaceutical Inc. is a US-based Pharmaceutical Research and Development Corporation, which is developing innovative drug release and absorption systems for the treatment of metabolic diseases such as diabetes and metabolic syndrome.

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Contact: Ian Morrice Executive Vice President and Director Spencer Pharmaceutical Inc. 1+(617) 973-5017