Founded in 2002, Panagin Pharmaceuticals Group Inc., specializes in the discovery, research, development and commercialization of novel Dammarane Sapogenins based anti-cancer drugs. Panagin's research on novel Dammarane Sapogenins and their mechanisms of action and its proprietary large-scale manufacturing process has advanced to an international leading position. Currently, Panagin owns 8 issued US, Canada, China, EU, Japan, Singapore, India patents and has 5 other patent applications pending worldwide. Panagin has established two independent R&D platforms: Selective Metabolites Compound Drug (SMCD) and Oral Bioavailability Enhancement Technology (OBET). These technologies made possible to adequately demonstrate multiple chemical constituents of botanical drug whose chemical constituents are not always well defined and nor is its bioavailability well characterized other than poor absorption at a molecular level. Panagin's research and clinical programs focus on life-threatening diseases, such as lung cancer, pancreatic cancer, and brain metastases from various original sites. Panagin's proprietary new drug candidates show strong anti-cancer properties against various advanced, metastatic, multi-drug resistant cancers. Its growth strategy is to develop one or more of its portfolio candidates for cancer indications that currently do not have effective treatment. Panagin has completed pre-IND communications with US FDA. In 2011, the Company is preparing to file IND for HemoMex S (PBD-1226) as adjuvant treatment of lung cancer and other solid tumors.