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This press release was originally distributed via the eWire press wire service (2002–2016). It is preserved here as a historical record.

Xechem Forms Xechem Pharmaceuticals Nigeria Ltd.

ARCHIVED 2002–2016: Originally distributed via the eWire press wire service. Preserved as historical record.

Xechem Forms Xechem Pharmaceuticals Nigeria Ltd.

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FOR IMMEDIATE RELEASE

Xechem Forms Xechem Pharmaceuticals Nigeria Ltd.

NEW JERSEY, NEW BRUNSWICK, Jul. 1 -/E-Wire/-- Xechem International, Inc. (OTC BB: ZKEM) announced today that it has formed Xechem Pharmaceuticals Nigeria Limited, under the Companies and Allied Matters Act (1992), of the Federal Republic of Nigeria.

Through Xechem Pharmaceuticals Nigeria, Xechem will manufacture, market and distribute a number of pharmaceuticals and prescription nutraceuticals originating from the African Continent. This will place Xechem in a unique position to take full advantage of Nigeria's well-known biodiversity, which is expected to yield many new important drugs and other nutraceuticals in the near future.

According to Xechem's President and CEO, Dr. Ramesh C. Pandey, "Xechem now has positioned itself to take advantage of the rich biodiversity of Nigeria and the African continent to identify long held secrets of nature's natural product pharmaceuticals, and to make these products available throughout the world for treating a variety of diseases and maladies."

Xechem International, Inc., headquartered in New Brunswick, NJ, with subsidiary companies in the USA, India, Nigeria and joint venture partners in both Hong Kong and the Peoples Republic of China, is a biopharmaceutical company of which Xechem, Inc. (a US subsidiary) is engaged in the research, development and production of generic and proprietary drugs from natural sources, specializing in the development of niche-generic, difficult to replicate anticancer, antiviral, including Human Immuno-deficiency Virus (HIV) and antifungal compounds. Xechem is also engaged in the research and development of several novel anti-infectives showing strong and selective efficacy against an array of antibiotic resistant bacterias, including Helicobacter pylori (H. pylori), Vancomycin resistant Enterococcus faecalis (VREF), Methicillin resistant Staphylococcus aureus (MRSA), and other antibiotic resistant Staphylococcus aureus and Candida albicans. The Company also screens extracts and pure compounds from various parts of the world for their therapeutic use.

XetaPharm (another U.S. subsidiary) develops quality controlled nutritional products such as GinkgoOnce®, GinsengOnce®, GarlicOnce®, Gugulon™, VIDA PRAS™ and numerous other nutraceutical products, which are under development.

This and past press releases of Xechem International, Inc. are available at Xechem's web site at www.xechem.com.

For further information, contact John P. Luther, Esq., Vice President & General Counsel, at (732) 247 - 3300.

This news release may contain certain forward-looking statements relating to Xechem's future business performance within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by safe harbors created hereby. Such forward-looking statements involve known and unknown risks, uncertainties, including the ability of the Companies to successfully develop and commercialize their technologies, and other factors that may cause the actual results, performance or achievements of the Companies to be materially different from any future results, performance or achievements of the Companies expressed or implied by such forward-looking statements.

Xechem International, Inc.

John P. Luther, Esq., Vice President & General Counsel, at (732) 247 - 3300.

http://www.xechem.com

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