RESEARCH TRIANGLE PARK, N.C., Aug. 13, 2018 (GLOBE NEWSWIRE) -- Fennec Pharmaceuticals Inc. (NASDAQ:FENC; TSX: FRX), a specialty pharmaceutical company focused on the development of PEDMARK^TM (a unique formulation of sodium thiosulfate (STS)) for the prevention of platinum-induced ototoxicity in pediatric patients, today reported financial results for the second quarter ended June 30, 2018.

"Since the publication of the SIOPEL 6 data in the New England Journal of Medicine we have received several inquiries from physicians worldwide to treat patients. We are anxious to move PEDMARK^TM forward in order to respond to these requests within the pediatric cancer community," said Rosty Raykov, Chief Executive Officer of Fennec. "Our strong cash balance positions us well to advance PEDMARK^TM through the necessary regulatory milestones and anticipated commercialization in 2019."

About PEDMARK^TM (sodium thiosulfate/STS)

Cisplatin and other platinum compounds are essential chemotherapeutic components for many pediatric malignancies. Unfortunately, platinum-based therapies cause ototoxicity in many patients, and are particularly harmful to the survivors of pediatric cancer.