ChemGenex Pharmaceuticals Limited To Present At Rodman & Renshaw Techvest 7th Annual Healthcare Conference

MELBOURNE, Australia and MENLO PARK, Calif., Nov. 7 /PRNewswire-FirstCall/ -- ChemGenex Pharmaceuticals will present at the Rodman & Renshaw Techvest 7th Annual Healthcare Conference in New York City on November 8, 2005. The presentation will be at 9:05 a.m. EST in the Holmes II room of the New York Palace Hotel, 455 Madison Avenue.

Managing Director and Chief Executive Officer Greg Collier PhD will provide an overview of ChemGenex’s development pipeline, focussing on recent advances in the company’s Phase 2 clinical programs, Ceflatonin(R) (HHT) for the treatment of leukemias and Quinamed(R) (amonafide dihydrochloride) for the treatment of solid tumors.

Information about the Rodman & Renshaw Techvest 7th Annual Healthcare Conference can be found at http://www.rodmanandrenshaw.com .

About ChemGenex Pharmaceuticals Limited (www.chemgenex.com)

ChemGenex Pharmaceuticals is a gene-based pharmaceutical company dedicated to improving the lives of patients by developing therapeutics in the areas of oncology, diabetes, obesity, and depression. ChemGenex currently has two compounds in Phase 2 clinical trials, Ceflatonin(R) for leukemia and Quinamed(R) for solid tumors, and has a significant portfolio of anti-cancer, diabetes, obesity and depression programs. The company has partnered its diabetes and obesity program and its depression program with international pharmaceutical companies. ChemGenex currently trades on the Australian Stock Exchange under the symbol “CXS” and the NASDAQ exchange under the symbol “CXSP.”

Safe Harbor Statement

Certain statements made herein that use the words “estimate,” “project,” “intend,” “expect,” “believe,” and similar expressions are intended to identify forward-looking statements within the meaning of the US Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks and uncertainties which could cause the actual results, performance or achievements of the company to be materially different from those which may be expressed or implied by such statements, including, among others, risks or uncertainties associated with the development of the company’s technology, the ability to successfully market products in the clinical pipeline, the ability to advance promising therapeutics through clinical trials, the ability to establish our fully integrated technologies, the ability to enter into additional collaborations and strategic alliances and expand current collaborations and obtain milestone payments, the suitability of internally discovered genes for drug development , the ability of the company to meet its financial requirements, the ability of the company to protect its proprietary technology, potential limitations on the company’s technology, the market for the company’s products, government regulation in Australia and the United States, changes in tax and other laws, changes in competition and the loss of key personnel. These statements are based on our management’s current expectations and are subject to a number of uncertainties that could change the results described in the forward-looking statements. Investors should be aware that there are no assurances that results will not differ from those projected.

ChemGenex Pharmaceuticals Limited

CONTACT: Dr. Greg Collier, CEO and Managing Director, Australia,+61-3-5227-2752, or USA, +1-650-474-9800, ext 103, or Dr. Dennis Brown,President and Director, USA, +1-650-474-9800, ext 108, or Australia,+61-3-5227-2703

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