Island Pharmaceuticals doses first cohort in ISLA-101 Single Ascending Dose study

Island Pharmaceuticals

About us:

Island (ASX: ILA) is a drug repurposing company, focused on areas of unmet need for antiviral therapeutics to address infectiousdiseases. Our lead asset is ISLA-101, a drug with a well- established safety profile, being repurposed for the prevention andtreatment of dengue2 fever and other mosquito (or vector) borne diseases.

If ISLA-101 achieves FDA approval, and certain other criteria are met, Island may be eligible to obtain a “Priority Review Voucher”at the time of FDA approval. This means that as well as getting approval to manufacture and sell ISLA-101, the Priority ReviewVoucher (PRV) could permit Island to expedite the FDA approval process for a new drug or sell the PRV in a secondary market.

Island encourages all current investors to go paperless by registering their details with the Company’s share registry, Automic Registry Services, whose contact info is housed on the Shareholder Services page of the Company’s website.

/Public Release.