DiaMedica Inc. Receives Regulatory Clearance for Phase II Human Study of DM-99

WINNIPEG, MANITOBA--(Marketwire - March 04, 2008) - DiaMedica Inc. (TSX VENTURE: DMA), a drug discovery and development company focused on novel treatments for type 2 diabetes is pleased to announce that it has received regulatory clearance in the European Union to conduct a Phase II human study with DM-99 in type 2 diabetes patients.

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