Article: Pain Therapeutics Completes Patient Enrollment for Phase III Study with Oxytrex(TM).

Clinical Results Expected Q1 2005

Pain Therapeutics, Inc. , a biopharmaceutical company, today announced it successfully completed enrollment in a Phase III study of over 700 patients with severe low-back pain. This study compares oxycodone against Oxytrex, a new drug being developed to provide superior and prolonged pain relief.

"We're delighted patient enrollment for this pivotal Phase III study is on-time and on-budget," said Remi Barbier, Pain Therapeutics' president and chief executive officer. "Patients with chronic low-back pain may not experience complete pain relief over time with oxycodone. We believe Oxytrex offers hope for these patients and ...

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