KZIA Kazia Therapeutics Ltd

The University of Sydney Honors Marshall Edwards Inc. Chairman WASHINGTON, May 18 /PRNewswire-FirstCall/ -- The Chairman of Marshall Edwards, Inc., Graham Kelly BSc(Vet), BVSc, PhD, has been appointed an Adjunct Professor of The University of Sydney. The University of Sydney is the oldest and one of the most prestigious tertiary institutions in Australia, and over the past 150 years has built an international reputation. It is Australia's leading research-intensive university. Professor Kelly has been honored for his continuing contribution to research by his alma mater the Faculty of Veterinary Science. Marshall Edwards, Inc. (NASDAQ:MSHL), is engaged in clinical trials of the investigational anti-cancer drug phenoxodiol, and has the license to develop and commercialize phenoxodiol and certain other anti-cancer compounds from Novogen Limited. Professor Kelly founded Novogen Limited (NASDAQ:NVGN) which first listed in 1994. Much of the early research work underpinning the Group's intellectual property was undertaken by Professor Kelly, who worked in the department of experimental surgery, in the Faculty of Medicine, at the University of Sydney, during the 1970s and 1980s. President and CEO of Marshall Edwards, Inc., Christopher Naughton, said the Company was delighted that the research contributions made by Professor Kelly have been acknowledged, encouraged and supported by this appointment. "Professor Kelly's appointment also strengthens the ongoing scientific research and commercial collaboration that both Novogen and Marshall Edwards have fostered with the University of Sydney over recent years," Mr. Naughton said. Marshall Edwards Inc. is 87% owned by Novogen Limited. More information on phenoxodiol and on the Novogen group of companies can be found at http://www.marshalledwardsinc.com/ and http://www.novogen.com/. Phenoxodiol is an investigational drug and, as such, is not marketed in the United States. 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. DATASOURCE: Marshall Edwards, Inc. CONTACT: Christopher Naughton of Marshall Edwards, Inc., Australia, +1-011-61-2-9878-0088, or David Sheon, +1-202-518-6384, for Marshall Edwards, Inc., United States Web site: http://www.marshalledwardsinc.com/ http://www.novogen.com/

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