Chemokine Therapeutics Receives Approval From Hong Kong to Commence Phase II Study in Liver Cancer and Fundamental Research Corporation Initiates Analyst Coverage

Chemokine Therapeutics Corp. (the "Company") (TSX: CTI)(OTCBB: CHKT), a biotechnology company developing chemokine-based therapies to treat cancer, blood disorders, and vascular diseases, announced today that it has received a Certificate for Clinical Trial/Medicinal Test from the Hong Kong Department of Health allowing the Company to begin a Phase II trial in liver cancer with its lead drug candidate, CTCE-9908. The Company received FDA and Health Canada approval for the clinical trial earlier this year.

The Phase II trial will be an international, multi-centre, randomized, controlled, open label study assessing the efficacy and safety of CTCE-9908 that will include up to 132 patients with liver cancer.

"Liver cancer is more prevalent in the Asian communities and working with Dr. Ronnie Poon, Principal Investigator for Hong Kong, will help to expedite the patient recruitment process," stated Walter Korz, President and Chief Executive Officer of the Company.

The Company also wishes to announce that Fundamental Research Corporation (FRC) has initiated analyst coverage of the Company. Information on FRC is available at www.researchfrc.com.

About Chemokine Therapeutics Corp. (TSX: CTI)(OTCBB: CHKT)

Chemokine Therapeutics is a product-focused biotechnology company developing drug candidates in the field of chemokines. Chemokines are a class of signaling proteins that play a critical role in the growth, differentiation, and maturation of cells necessary for fighting infection as well as tissue repair and regeneration. Chemokines also have an important role in cancer metastasis and growth. Chemokine Therapeutics is a leader in research in the field of chemokines and has several products in various stages of development.

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