Panacea Global announces name change

Panacea Global Inc., ("the Company") (OTCQB: PANG), a biopharmaceutical company specializing in blood (protein), serum and tissue tests to diagnose and monitor cancer, today announced the change of the Company's official trading symbol from MLXG to PANG.

On June 15, 2011, the trading symbol for the Company's common stock, which is quoted on the OTC Bulletin Board, was changed from MLXG to PANG.  This change was made in conjunction with the Company's filing of a Certificate of Amendment to its Articles of Incorporation, on June 2, 2011, changing the Company's name to Panacea Global, Inc.

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Panacea Global Inc.

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