Generex Oral-lyn Featured at International Diabetes Conference

Book Launch Highlights Generex's Oral Insulin Delivery System


WORCESTER, Mass., Nov. 4, 2008 (GLOBE NEWSWIRE) -- Generex Oral-lyn(tm) from Generex Biotechnology Corporation (Nasdaq:GNBT) (www.generex.com), the leader in drug delivery for metabolic diseases through the inner lining of the mouth, was featured this week at the 2nd IDF Regional MENA Diabetes Conference and 17th Annual Meeting of the Syrian Diabetes Association. The international conference of four hundred doctors and endocrinologists from throughout the Middle East and North Africa was held October 29-31 in Lattakia, Syria. Among a population of 300 million, MENA region countries have an average diabetes rate of over 20 percent.

Dr. M. Saleh's new book The History of Insulin not only explicates insulin's past, but also examines its present and possible future. In his explanation of new delivery methods for insulin, Saleh discusses Generex Biotechnology and its Generex Oral-lyn(tm) insulin spray, which is a safe, effective, efficient and pain-free alternative to subcutaneous injections of prandial insulin for the treatment of Type I and Type II diabetes. Generex Oral-lyn(tm) enters the bloodstream through the membranes of the oral cavity by use of a simple device that looks like an asthma inhaler but results in zero pulmonary deposition.

Generex Biotechnology Corporation was represented at the conference by Leo Ohanian of Generex MENA and by the distributor for the company's product line in the Syrian Arab Republic, Mustafa Al Jabi of Al Jabi Drug Stores in Damascus.

About Generex Biotechnology Corporation

Generex is engaged in the research, development and commercialization of drug delivery systems and technologies. Generex has developed a proprietary platform technology for the delivery of drugs into the human body through the oral cavity (with no deposit in the lungs). The Company's proprietary liquid formulations allow drugs typically administered by injection to be absorbed into the body by the lining of the inner mouth using the Company's proprietary RapidMist(tm) device. The Company's flagship product, oral insulin (Generex Oral-lyn(tm)), which is available for sale in Ecuador and approved for sale in India for the treatment of subjects with Type-1 and Type-2 diabetes, is in Phase III clinical trials at several sites around the world. For more information, visit the Generex website at http://www.generex.com.

The Generex Biotechnology Corp. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=3831

Safe Harbor Statement

This release and oral statements made from time to time by Generex representatives in respect of the same subject matter may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by introductory words such as "expects," "plans," "intends," "believes," "will," "estimates," "forecasts," "projects," or words of similar meaning, and by the fact that they do not relate strictly to historical or current facts. Forward-looking statements frequently are used in discussing potential product applications, potential collaborations, product development activities, clinical studies, regulatory submissions and approvals, and similar operating matters. Many factors may cause actual results to differ from forward-looking statements, including inaccurate assumptions and a broad variety of risks and uncertainties, some of which are known and others of which are not. Known risks and uncertainties include those identified from time to time in the reports filed by Generex with the Securities and Exchange Commission, which should be considered together with any forward-looking statement. No forward-looking statement is a guarantee of future results or events, and one should avoid placing undue reliance on such statements. Generex undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise. Generex cannot be sure when or if it will be permitted by regulatory agencies to undertake additional clinical trials or to commence any particular phase of clinical trials. Because of this, statements regarding the expected timing of clinical trials cannot be regarded as actual predictions of when Generex will obtain regulatory approval for any "phase" of clinical trials. Generex claims the protection of the safe harbor for forward-looking statements that is contained in the Private Securities Litigation Reform Act.



            

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