VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - May 29, 2007) - WEX Pharmaceuticals Inc. ("WEX" or the "Company") (TSX:WXI) announces today that further to its news releases dated December 20, 2006 and April 13, 2007 regarding the legal proceedings brought in Canada against Tianjin Fairwood Mfg. Co. Ltd. ("Tianjin"), Frank Shum, and Donna Shum, in an apparent response to the legal proceedings, Tianjin has illegally taken control of the operations carried on by WEX's 97% owned subsidiary Nanning Maple Leaf Pharmaceuticals Ltd. ("NMLP"). Tianjin's illegal actions have received the support of Mr. Songyang Yang, the representative of WEX's 3% minority joint venture partner.
