VANCOUVER, June 7, 2013 /CNW/ - Allon Therapeutics Inc. (TSX: NPC) ("Allon" or the "Company") refers to its news release dated
May 30, 2013 regarding the proposal made by the Company to its
creditors pursuant to the Bankruptcy and Insolvency Act (Canada). The Company has been advised that Deloitte & Touche Inc., as
proposal trustee (the "Trustee"), has received an unsolicited offer from a third party. The Company
understands that the Trustee is investigating this matter and will
provide updates to creditors as or when more information becomes
SOURCE Allon Therapeutics Inc.