Alfacell Provides Update On ONCONASE Clinical Program

BLOOMFIELD, N.J., Jan. 19 /PRNewswire-FirstCall/ -- Alfacell Corporation today announced that over 300 patients are now enrolled in the Company’s international, confirmatory Phase IIIb trial evaluating ONCONASE(R) (ranpirnase), the Company’s lead investigational drug candidate, as a treatment for unresectable malignant mesothelioma (UMM). The required number of patients for full enrollment is 316. The Company will continue to provide updates as key developments occur.

“We have been unwavering in our commitment to complete the ONCONASE UMM clinical program,” stated Kuslima Shogen, Chief Executive Officer of Alfacell. “In enrolling more than 300 patients, Alfacell is conducting one of the largest global UMM studies ever undertaken. We now look forward to achieving more milestones on our regulatory path towards bringing ONCONASE to market.”

About Alfacell Corporation

Alfacell Corporation is a biopharmaceutical company focused on the discovery, development and commercialization of novel therapeutics for cancer, using its proprietary RNase technology platform. ONCONASE(R) (ranpirnase), Alfacell’s lead investigational drug candidate, is currently being evaluated in several studies, including a Phase IIIb registration study for malignant mesothelioma (MM) and a Phase I / II trial in Non-Small Cell Lung Cancer (NSCLC). For more information, please visit www.alfacell.com.

This press release includes statements that may constitute “forward- looking” statements, usually containing the words “believe,” “estimate,” “project,” “expect” or similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, uncertainties involved in transitioning from concept to product, uncertainties involving the ability of the Company to finance research and development activities, potential challenges to or violations of patents, uncertainties regarding the outcome of clinical trials, the Company’s ability to secure necessary approvals from regulatory agencies, dependence upon third-party vendors, and other risks discussed in the Company’s periodic filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.

Contact: Alfacell Corporation: Investor/Media Relations: Kuslima Shogen Elite Financial Communications Robert Love Dodi Handy (973) 748-8082 (407) 585-1080 info@alfacell.comacel@efcg.net

Alfacell Corporation

CONTACT: Kuslima Shogen or Robert Love, both of Alfacell Corporation,+1-973-748-8082, info@alfacell.com; or Investor/Media Relations, Dodi Handyof Elite Financial Communications, +1-407-585-1080, acel@efcg.net, forAlfacell Corporation

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