Ohr Pharmaceutical Awarded U.S and European Composition of Matter Patents

Ohr Pharmaceutical Inc. OHRP 0.00% today announced that it has been awarded Unites States (#8,084,039) and European (EP1399108) patents entitled "Preparation of a Therapeutic Composition." The patents include claims related to the chemical structures, sequences of the peptide constituents and method of manufacture of OHR/AVR118."These patent awards significantly strengthen our OHR/AVR118 cancer cachexia program currently being investigated in a Phase II clinical trial," stated Dr. Irach B. Taraporewala, Ph.D., CEO. "OHR/AVR118 has the potential to greatly benefit advanced cancer patients suffering from the debilitating effects of cachexia. Stronger, more stable patients have a much better chance of tolerating the intense chemotherapies and radiation therapies involved in treating late stages of cancer."Dr. Taraporewala will be presenting a corporate overview at the Biotech Showcase(TM) 2012 in San Francisco, CA today at 4:30 p.m. PT (7:30 p.m. ET). The presentation will include an overview of Ohr's clinical wet-AMD eye drop and cancer cachexia programs along with the Company's business outlook and expected milestones for 2012.

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