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Strategies & Market Trends : YEEHAW CANDIDATES

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To: J.F. who wrote (21828)1/11/2007 6:07:11 PM
From: J.F.  Read Replies (1) of 23958
 
Memory Pharmaceuticals Corp. (MEMY) expects to start a Phase I clinical trial for MEM 63908 in the second half of 2007, the biopharmaceutical company said Thursday in a Securities and Exchange Commission filing.

MEM 63908 is the Montvale, N.J., company's second named drug candidate in the Nicotinic Alpha-7 Agonist program, the filing said. MEM 63908 could be beneficial in the treatment of Alzheimers's disease, the company's Web site said.

Memory Pharmaceuticals is developing drugs to treat other central nervous system disorders, many of which hurt memory and other cognitive function.

The company's shares closed Thursday at $3.70 each, up 11 cents.
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