INEX PHARMACEUTICALS RECEIVES NOTICE OF APPEAL FROM MAJORITY NOTE HOLDER
Inex Pharmaceuticals Corporation ("INEX"; TSX: IEX) announced that
it received notice yesterday that Stark Trading and Shepherd Investments International
Ltd. (collectively"Stark") will appeal the decision of the Supreme
Court of British Columbia dismissing the bankruptcy petition brought forward
by Stark. The Supreme Court of British Columbia dismissed the bankruptcy petition
on October 27, 2005.