TORONTO, Nov. 21 /CNW/ - Further to its press release of November 6, 2006, predictive medicine company PreMD Inc. (TSX: PMD; Amex: PME) (“PreMD”) today announced that Judge Catherine C. Blake of the United States District Court in Baltimore, Maryland has issued an order refusing to grant a motion by Abulkalam K.M. Shamsuddin (“Shamsuddin”) and Med-11 AG preventing PreMD from proceeding with its action in the Ontario Superior Court of Justice in Toronto against Shamsuddin, Med-11 AG and Stuart Brazier. As a result, PreMD’s motion for an injunction to prevent what PreMD states is the unlawful termination of its 1998 license agreement with Shamsuddin shall be heard by a Judge of the Ontario Superior Court of Justice in Toronto on December 5, 2006. The license agreement granted an exclusive license by Shamsuddin to PreMD relating to certain intellectual property involving part of PreMD’s cancer products, which include ColorectAlert(TM), LungAlert(TM) and a breast cancer test.
