Marshall Edwards, Inc. Release: Researchers Report That Phenoxodiol Is Producing Significant Anti-Cancer Responses In Women With Gynecological Cancers

STAMFORD, Conn., Oct. 24 /PRNewswire-FirstCall/ -- Researchers from Yale University's School of Medicine have reported updated results from two clinical studies they are conducting in women with late-stage ovarian cancer and in women with early-stage cancer of the cervix and vagina.

These data were presented on Saturday October 22, 2005 by Gil Mor, M.D., Ph.D., associate professor of obstetrics, gynecology and reproductive sciences, Yale University School of Medicine, at the 11th World Congress on the Menopause, International Menopause Society in Buenos Aires, Argentina, and has been claimed as a breakthrough in management of these highly aggressive cancers by the use of the investigational anti-cancer drug, phenoxodiol (PXD).

The ovarian cancer study involved 43 patients whose cancer had failed to respond to all available therapies and were regarded as being resistant or refractory to the standard first-line therapies of a platinum (cisplatin or carboplatin) and/or a taxane (paclitaxel). A primary purpose of the study was to test the ability of PXD to reverse drug-resistance to cisplatin or paclitaxel, thereby restoring the ability of the cancers to respond to these potent anti-cancer drugs.

The key clinical endpoint of assessment of an investigational oncology drug is the impact on survival. Interim data presented by Dr. Mor indicated that after combining phenoxodiol with either paclitaxel or cisplatin, overall survival has been substantially extended. The median survival in the PXD plus cisplatin arm was 62 weeks and in the PXD plus paclitaxel arm was 48 weeks. At 75 weeks, 35 percent of patients in the PXD plus paclitaxel arm were still alive and at 72 weeks, 35 percent of patients on the PXD plus cisplatin arm were still alive. This compares with median survival reported for patients on standard therapy of only 28 to 40 weeks.

Dr. Mor also reported that there was an improvement in disease status by RECIST criteria in 45 percent of women receiving PXD plus paclitaxel and in 58 percent of women receiving PXD plus cisplatin. These responses included complete or partial tumor regression in 10 percent and 29 percent of women in each group respectively and stable disease in 35% and 29% respectively.

RECIST criteria require that patients can only be assigned as being a responder or stable on the basis of 2 separate radiological scans at least 4 weeks apart. Since the trial was conducted over a restricted treatment period of 3 months, the number of women able to have a follow-up scan within that period was restricted. Some patients classified as showing disease progression did show a response on one scan but because they were not able to have a second scan within the trial period could not be counted as either responder or stable.

In a separate trial, women with cervical cancer are being treated with PXD alone as a first-line therapy for women with recently diagnosed squamous cell carcinomas of the cervix, vagina or vulva. These cancers typically show very poor response to chemotherapy, and normally are managed with surgery and radiotherapy. Preliminary data reported by Dr. Mor at the Buenos Aires meeting indicate that of 13 patients randomized to two oral dose levels of 50 and 200 mg PXD given as a monotherapy, 29 percent of patients produced a tumor response (regression or stabilization of tumors) over a 4-week period of treatment.

There were no PXD-related adverse events or side effects reported in either study, indicating the high safety profile of the drug.

Dr. Mor said in his presentation that objective tumor responses such as the complete and partial responses that were seen here, especially in chemo- resistant ovarian cancer patients, are very unusual, underlining the chemo- sensitizing potential of phenoxodiol.

"A response with improved survival in this type of patients demonstrates the uniqueness of this new drug when combined with standard drug therapies," Dr. Mor said.

"We are confident that these results indicate that phenoxodiol demonstrates a promising new opportunity in the management of these serious cancers experienced by many women," Dr. Mor said.

According to data provided by the American Cancer Society, ovarian cancer is the most lethal gynecological malignancy, and 5th leading cause of cancer related death in women in the USA. Each year 25,400 new cases of ovarian cancer are diagnosed in the US with 14,300 deaths annually due to this disease. As many as 1 in 70 women will develop ovarian cancer and 1 in 100 women will die from this disease. This high mortality is due mainly to the inability to detect early disease, with approximately 80 percent of patients being diagnosed in advanced-staged disease. Even in those patients diagnosed with early-stage disease, the 5-year survival rate ranges from 60 to 90 percent depending on the degree of tumor differentiation. Despite treatment advances in the last 10 years no advances have been made in overall survival.

Professor Graham Kelly, Chairman of Marshall Edwards, Inc., said "the data presented by Dr. Mor is the type of outcome that we are seeking to confirm with phenoxodiol in the OVATURE study."

The OVATURE study is a multi-national Phase III pivotal study to be conducted at up to 50 sites in the USA, Europe and Australia. Patients with late-stage ovarian cancer that has become refractory to at least 3 lines of platinum therapy are to receive PXD and carboplatin in an attempt to restore responsiveness to the carboplatin.

"The cervical cancer data also is highly interesting, providing evidence that orally-administered PXD has a significant anti-tumor effect, particularly in the case of squamous cell carcinomas, which are relatively insensitive to standard anti-cancer drugs," said Professor Kelly.

About Phenoxodiol

PXD is an investigational drug and, as such, is not marketed in the United States. PXD targets the plasma membrane sphingomyelin pathway, inhibiting the production of the pro-survival secondary messenger, sphingosine-1-phosphate (S-1-P), and in turn preventing the phosphorylation of the Akt signaling cascade and the formation of anti-apoptotic proteins.

PXD is highly selective, with no detectable effect on the sphingomyelin pathway of non-tumor cells, accounting for the fact that PXD has no augmenting effect on the toxic effects of chemotoxic drugs on normal tissues.

About Marshall Edwards, Inc. (MSHL)

Marshall Edwards, Inc., has licensed rights to bring PXD to market globally from its parent company, Novogen Limited. . Novogen is developing a range of therapeutics across the fields of oncology, cardiovascular disease and inflammatory diseases based on its phenolic drug technology platform.

More information on the Novogen group of companies can be found at

Under U.S. law, a new drug cannot be marketed until it has been investigated in clinical trials and approved by the FDA as being safe and effective for the intended use. Statements included in this press release that are not historical in nature are "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. You should be aware that our actual results could differ materially from those contained in the forward-looking statements, which are based on management's current expectations and are subject to a number of risks and uncertainties, including, but not limited to, our failure to successfully commercialize our product candidates; costs and delays in the development and/or FDA approval, or the failure to obtain such approval, of our product candidates; uncertainties in clinical trial results; our inability to maintain or enter into, and the risks resulting from our dependence upon, collaboration or contractual arrangements necessary for the development, manufacture, commercialization, marketing, sales and distribution of any products; competitive factors; our inability to protect our patents or proprietary rights and obtain necessary rights to third party patents and intellectual property to operate our business; our inability to operate our business without infringing the patents and proprietary rights of others; general economic conditions; the failure of any products to gain market acceptance; our inability to obtain any additional required financing; technological changes; government regulation; changes in industry practice; and one-time events. We do not intend to update any of these factors or to publicly announce the results of any revisions to these forward-looking statements.

Marshall Edwards, Inc.

CONTACT: David Sheon, USA: +1-202-518-6384, for Marshall Edwards, Inc.; orDr. Graham Kelly, Chairman of Marshall Edwards, Inc., USA: +1-203-247-1322,Australia: +0412-307-057

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