New Drug Application for Voclosporin Accepted for Priority Review by FDA

EDMONTON, Canada, March 30, 2010 - Isotechnika Pharma Inc. (TSX: ISA) today announced that the New Drug
Application (NDA) for the Company's next generation calcineurin inhibitor,
voclosporin, has been accepted for priority review as filed by the U.S.
Food and Drug Administration (FDA). The application was submitted by
Isotechnika's partner, Lux Biosciences, Inc.

The FDA granted voclosporin with a priority review status which
accelerates the review period to six months. The FDA grants a priority
review designation to drugs that are considered to have the potential to
provide an important advancement in treatment or provide a treatment for
which there is no adequate therapy available. The target date under the
Prescription Drug User Fee Act (PDUFA) is August 3, 2010.

"With an active regulatory review process by both the FDA and the EMA,
a PDUFA date of August 3rd, and potential EMA approval in the first quarter
of 2011, we now have additional validation to the technology, as well as
two very important milestones over the next eleven months to drive value in
Isotechnika," said Dr. Robert Foster, President and CEO of Isotechnika
Pharma. "FDA approval would result in a milestone payment of $7.04 million
USD followed by royalty payments on sales from our partner, Lux. On the
back of that we can expect an additional $3.52 million milestone payment
from Lux for approval by the EMA, followed by royalty payments."

About Isotechnika Pharma

Isotechnika Pharma Inc. is a publicly traded company on the Toronto
Stock Exchange under the symbol "ISA". More information on Isotechnika
Pharma can be found at www.isotechnika.com or www.SEDAR.com.

We seek Safe Harbour.

For further information: Dr. Robert Foster, President & CEO,
Isotechnika Pharma Inc., +1(780)487-1600 (247), +1(780)484-4105 (fax),
rfoster@isotechnika.com; Dr. Launa Aspeslet, Chief Operating Officer,
Isotechnika Pharma Inc., +1(780)487-1600 (225), +1(780)484-4105 (fax),
laspeslet@isotechnika.com

For further information: Dr. Robert Foster, President & CEO, Isotechnika Pharma Inc., +1(780)487-1600 (247), +1(780)484-4105 (fax), rfoster at isotechnika.com; Dr. Launa Aspeslet, Chief Operating Officer, Isotechnika Pharma Inc., +1(780)487-1600 (225), +1(780)484-4105 (fax),
laspeslet at isotechnika.com