Compass Biotechnologies Inc invited to speak at The World Generic Medicines Congress Americas 2011

EDMONTON, May 31, 2011 /PRNewswire/ - Compass Biotechnologies (COBI:OB) is pleased to announce that Dr. Joseph Sinkule President and COO of Compass Biotech has been invited to speak at the fourth annual World Generic Medicines Congress Americas 2011 to be held this fall from November  12 - November 15 at the Westin Grand, Washington D.C.

The Congress is the largest of its kind within the Generics Industry and for the first time this year is expanding to include the World Biosimiliars Summit to help focus on the key challenges facing the commercialization of the soon to be multiple billion dollar biosimiliar US and global markets.

The meeting unites a speaker platform of the highest seniority with all stakeholders in the industry and allows participants to position their products and services in front of decision makers from major Pharma manufacturers and large biotech companies. Dr. Sinkule who will speak on "Strategies and Opportunities for Smaller and Niche Generic Companies"

Dr Sinkule commented "It is indeed an honour and a privilege to be invited to speak at such a timely and prestigious event that will provide excellent exposure for the Company.  Further, we feel it speaks to the acceptance of our approach to this increasingly important and growing market sector".

ABOUT COMPASS BIOTECHNOLOGIES INC.    (COBI:OB) www.compassbio.net
Compass Biotechnologies is a publically-traded specialty biopharmaceutical company (COBI:OB) with headquarters in Edmonton, Alberta. The mission of Compass is to develop generic, biosimiliar and bio-better drug products that can bring revenue generation to the company in a near term fashion. A recent agreement with PanGen to supply protein active pharmaceutical ingredients to facilitate this mission was announced recently. Further Compass under a license from the National Institutes of Health (NIH) has opportunities to develop products from the platform technology available and or sub licensee these opportunities to other interested partners. Compass Biotech also owns a subsidiary company called C-Pharma Inc.

ABOUT C-PHARMA INC.    www.c-pharma.net
C-Pharma's technology encompasses the use of recombinant DNA technology to manufacture virus like particles (VLPs).  These VLPs can be engineered to incorporate various viral and non-viral antigens for use as vaccines against many different types of targets such as Hepatitis C.  The recombinant antigens presented in the context of a VLP carrier system are much more immunogenic than the antigen alone, and this carrier is so powerful that the subsequent vaccine may not require the use of immune adjuvants. C-Pharma is using the technology to develop a Hepatitis C vaccine to prevent hepatitis C viral infection of liver hepatocytes. The Company is also pursuing a revenue generation strategy by commercializing generic therapeutic drugs (ribavirin and interferon alpha) for use in the Hepatitis C market.

Forward Looking Statements
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SOURCE Compass Biotechnologies Inc.