Press Room

2007 Press Releases

TSX:V - IXS
NASD OTC:BB: IXSBF

August 2, 2007

InNexus Biotechnology to present at 12th Annual Drug Discovery & Development of Innovative Therapeutics World Conference

British Columbia, Canada - 2 August 2007 - InNexus Biotechnology Inc. (OTCBB: IXSBF.OB, TSX: IXS.V), a drug development company commercializing the next generation of monoclonal antibodies based on its Dynamic Cross Linking (DXL™) technology, today announced that the company will be presenting at the upcoming IBC Drug Discovery & Development of Innovative Therapeutics (DDT) World Conference, being held in Boston, Massachusetts on August 6-9.

During the presentation, Jeff Morhet, President and CEO of InNexus, will discuss the company's DXL™ technology platform and will describe its first pre-clinical development project. The InNexus presentation will begin at 9:30 AM (ET) on Tuesday, August 7, and will be held in the amphitheater at the World Trade Center Boston.

The presentation will be archived shortly after the event and available on the InNexus website at www.ixsbio.com.

About DXL™ Technology

DXL™ technology works by integrating self-binding peptides into monoclonal antibodies, potentiating target binding. Modified antibodies "cluster" upon engaging the target receptor site, resulting in greater "molecular mass" at the point of association. This may facilitate cancer cell destruction in a target dependent manner by increasing apoptosis, antibody dependent cell cytotoxicity and complement-dependent cytotoxicity. In addition, DXL™ antibodies have significantly extended dissociation rates, as measured by surface plasmon resonance. To learn more about InNexus' DXL™ technology, please visit www.ixsbio.com.

About InNexus

InNexus is a drug development company commercializing the next generation of monoclonal antibodies based on its Dynamic Cross Linking (DXL™) technology, which improves the potency of existing antibody products while opening new markets and disease applications. DXL™ antibodies utilize unique, novel and patented methods and technologies of InNexus.

InNexus is headquartered in British Columbia with principal management based in Scottsdale, Arizona on the campus of The Mayo Clinic and has its own in–house developmental facilities. These development facilities provide validation of protein and peptide discoveries, enabling InNexus (and its strategic partners) to advance novel drug therapeutics and diagnostics. To learn more about InNexus, please visit www.ixsbio.com.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release. This news release may contain assumptions, estimates, and other forward–looking statements that involve inherent risks and uncertainties and are subject to factors, many of which are beyond the Company's control, that may cause actual results or performance to differ materially from those currently anticipated in such statements.

Contact

Jeff Morhet
President & Chief Executive Officer
InNexus Biotechnology Inc.
jmorhet@ixsbio.com
480-862-7500