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TheraQuest to Present Results of Intravenous Ketoprofen Postsurgical Pain Study at the World Congress on Pain in Sydney

Blue Bell, PA – August 15, 2005 – PR Newswire – TheraQuest Biosciences, a development stage pain management company today announced that it will present positive clinical trial results for its injectable ketoprofen (TQ-1011) at the 11th World Congress on Pain in Sydney, Australia on August 22, 2005.

TQ-1011 is a proprietary investigational injectable formulation of the non-steroidal anti-inflammatory drug (NSAID) ketoprofen. Injectable ketoprofen is being developed for the management of moderate to severe postsurgical pain. TheraQuest has held regulatory consultations with FDA, U.K. and Canadian authorities.

Najib Babul, PharmD, Chief Executive Officer of TheraQuest stated, "We are excited about the positive results from this large, double blind study in moderate to severe postsurgical pain. Intravenous ketoprofen was superior to placebo and intravenous morphine on the primary endpoint and on all secondary endpoints, including onset of relief, peak relief, duration of relief, time to rescue and patient global assessment of therapy.”

Babul added, “We believe injectable ketoprofen has significant therapeutic and commercial potential for the treatment of postsurgical pain. TheraQuest has filed a method of use and composition of matter patent for ketoprofen and a number of other injectable NSAIDs, including diclofenac and lornoxicam. The new formulations have the potential to provide a more optimal efficacy and safety response in patients with postsurgical pain.”

About TheraQuest
TheraQuest Biosciences, LLC is a private, development-stage pain management company building a diversified portfolio of pharmaceutical products to address a critical area of unmet medical need. Despite their limitations, current treatments for acute and chronic pain yield worldwide sales in excess of $25 billion. The TheraQuest team has contributed to the development of numerous analgesics approved in the U.S. over the past 20 years. TheraQuest’s strategy is to use its expertise to identify, develop and commercialize product candidates with strong market potential that have lower development costs and reduced regulatory risk than new chemical entities. TheraQuest is headquartered in Blue Bell, Pennsylvania.

TheraQuest is funded in part by BioAdvance, the Biotechnology Greenhouse of Southeastern Pennsylvania and Ben Franklin Technology Partners of Southeastern Pennsylvania. Additional information is available at www.theraquestinc.com.


Contact:
Najib Babul, PharmD
CEO
TheraQuest Biosciences, LLC

610-272-2071
Email: inquiry@theraquestinc.com

 
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