ProEthic Pharmaceuticals, Inc. Announces Positive Phase I Trial Results For Fast-Acting Acute Pain Product Candidate; Trials Confirm Strong Pharmacokinetic Profile Of PRO-571

MONTGOMERY, Ala.--(BUSINESS WIRE)--Aug. 17, 2006--ProEthic Pharmaceuticals, Inc., a privately funded specialty pharmaceutical company that acquires, develops and markets niche prescription products, announced today positive results from two Phase I trials for PRO-571, the company’s product candidate for the treatment of acute pain.

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