OncoGenex Pharmaceuticals Announces Proposed Public Offering of Common Stock

OncoGenex Pharmaceuticals, Inc.

today announced that it commenced a public offering of its common stock. OncoGenex expects to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of common stock offered in the public offering to cover overallotments, if any. The offering is subject to market conditions and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.