Glypromate® And NNZ-2566 Included In 10 Most Promising Neuroscience Projects By Windhover
SYDNEY Australia 21 July 2008: Neuren Pharmaceuticals (ASX: NEU) announced today that Glypromate® and NNZ-2566 for
neuroprotection in cardiopulmonary bypass and traumatic brain injury (TBI) have been selected as one of the Top 10 most
promising neuroscience projects available for partnering by an independent committee assembled by Windhover Information,
a leading provider of business information products and services to senior executives in the pharmaceutical,
biotechnology, and medical device industries.
"Selected companies have been screened using a strict set of judging criteria for the Top 10 award and represent what
our committee considered the most attractive neuroscience opportunities the industry has to offer," said Roger Longman,
Managing Director of Windhover Information. "Winners have met rigorous criteria including: unmet medical need, market
potential, diversity of indications, strong science, multi-level partnering opportunities (biotech and pharma),
potential for new opportunities beyond initial indications, and corporate stability.”
"We are extremely proud that Glypromate® and NNZ-2566 have been selected as one of the Top 10 most interesting
neuroscience programs available for partnering, further recognition that these compounds have significant potential as
innovative therapies for the treatment of acute brain injury from multiple causes”, said Larry Glass, co-CEO.
"Glypromate®, which has just completed recruitment in its Phase 3 clinical trial, is targeted at reducing cognitive
impairment post cardiopulmonary bypass surgery and addresses a significant unmet medical need. A Phase II trial of
NNZ-2566 is on track to be initiated at the end of 2008 to determine the drug’s ability to reduce neurological,
cognitive and psychiatric impairment resulting from TBI, a devastating condition affecting millions of people worldwide.
NNZ-2566 has been developed in conjunction with the US Army and is the Army’s lead clinical candidate for acute TBI."
The selection committee was led by Marc Wortman, PhD, contributing writer to Windhover’s In Vivo and Start Up; Harry
Tracy, PhD, President of NeuroInvestment, a leading independent analyst focusing exclusively on neurological and
psychiatric drug development; Michael Rice, Senior Consultant; and Ed Saltzman, President of Defined Health, a leading
business development strategy consulting firm. Drawing on the analytic resources of these organisations, the group
evaluated hundreds of compounds currently in development for the treatment of neurological indications prior to
identifying Neuren’s compounds as being among the top ten most promising neuroscience projects.
As a selected company, Neuren has been invited to make a presentation on Glypromate® and NNZ-2566 at Windhover’s
Therapeutic Area Partnerships conference in November 2008 in Philadelphia, PA. Mr. Glass will represent Neuren at the
conference.
About Glypromate®
Glypromate® is being developed to reduce cognitive impairment following cardiac surgery with cardiopulmonary bypass
which affects up to 70 percent of patients at discharge. Approximately one-third of patients still exhibit cognitive
impairment three months following surgery. Annually, more than one million cardiac bypass procedures are performed
worldwide but there is no treatment approved to reduce cognitive impairment resulting from the brain injury which can
result
from bypass. In June, Neuren announced that a blinded analysis of variance in the primary cognitive endpoint had
determined that efficacy could be assessed with a substantially smaller number of patients and indicated that top-line
results would be reported at the end of 2008, six months ahead of previous guidance. Recruitment has now been completed
for this Phase III trial.
About NNZ-2566
NNZ-2566, a synthetic analogue of Glypromate®, is being developed in conjunction with the US Army to reduce
neurological, cognitive and psychiatric consequences of traumatic brain injury. In May, Neuren had a positive pre-IND
meeting with the FDA during which the FDA indicated that NNZ-2566 would be a likely candidate for Fast Track status. The
US Department of Defense has committed US$4 million to fund the trial. The IND for the Phase II trial is in preparation.
About Windhover
Windhover Information Inc., an Elsevier company, has led the field in providing analysis of the healthcare industry to
decision-makers at all levels since the founding of its flagship publication, IN VIVO, The Business & Medicine Report, in 1983. Windhover provides its information and analysis in many formats, including print, electronic
databases, international conferences and webinars. For more on the company's products and services, please see
www.windhover.com.
About Neuren
Neuren Pharmaceuticals is a biopharmaceutical company developing novel therapeutics in the fields of brain injury,
neurological diseases and conditions, and metabolic disorders. The Neuren portfolio comprises eight product families
targeting markets with large unmet needs and limited competition. Neuren has three clinical-stage molecules —
Glypromate®, MotivaTM and NNZ-2566 —focused on a range of acute and chronic neurological conditions. For more
information visit www.neurenpharma.com
ENDS