Marshall Edwards is engaged as a developmental stage pharmaceutical company. Co.'s business purpose is the development and commercialization of drugs for the treatment of cancer. Co. is engaged in the clinical development and commercialization of a drug candidate called phenoxodiol, which Co. is testing as an application against a range of cancers. Phenoxodiol appears to target a number of key components involved in cancer cell survival and proliferation based on the emerging field of signal transduction regulation, with little or no effect on normal cells in pre-clinical testing. Co. has also licensed two other anti-cancer compounds, NV-196 and NV-143 , from a subsidiary of Novogen.
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