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November 20, 2005

Israeli company announces positive findings from first clinical trial in Alzheimer's patients

"Nov. 20 - Predix Pharmaceuticals, an Israeli drug discovery and development company, announced that PRX-03140, its highly selective, proprietary serotonin 4 (5-HT4) receptor agonist, showed the desired alterations in brain wave activity in patients with mild-to-moderate Alzheimer's disease and was well-tolerated in a recently completed 14-day Phase Ib clinical trial. "The results of this Phase Ib trial in patients with Alzheimer's disease suggest that PRX-03140 is stimulating the 5-HT4 receptor in the brain and is eliciting the desired effects on brain waves consistent with approved drugs for Alzheimer's disease," said Stephen Donahue, M.D., vice president of clinical and regulatory affairs. "The excellent tolerability profile of PRX-03140 at all doses studied, combined with these early indicators of activity, are exciting preliminary results and warrant further evaluation in a Phase II trial." Michael G. Kauffman, M.D., Ph.D., president and CEO of Predix, added, "We expect to initiate a Phase II dose-ranging trial in Alzheimer's disease patients early next year." In parallel with these clinical development efforts, several positive studies of PRX-03140 in key preclinical models for memory, cognition, and disease modification were the subject of four poster presentations at the 35th Annual Meeting of the Society for Neuroscience in Washington, D.C. last week."

Source: Israel21C. November 20-25, 2005 News [FullText]

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