Neurogen Announces Completion of Phase IA Study with ADCI for Epilepsy
Oct 27 1997 9:26AM CST, PRNewswireBRANFORD, Conn., Oct. 27 /PRNewswire/ -- Neurogen Corporation (Nasdaq: NRGN) today announced the completion of a Phase IA study of ADCI, Neurogen's compound to treat epilepsy which is licensed to Wyeth-Ayerst Laboratories, a division of American Home Products (NYSE: AHP). The Phase I study, conducted by Wyeth-Ayerst in human volunteers in France, found ADCI to be safe and well-tolerated across a broad dose range, with an acceptable pharmacokinetic profile.
In the placebo-controlled, escalating dose study, human volunteers received either a single dose of ADCI or a placebo, with each successive group receiving a higher dose. Importantly, this Phase I study indicates that ADCI possesses acceptable pharmacokinetics and the necessary safety profile needed for continued clinical development.
"We are very pleased that Wyeth-Ayerst was able to demonstrate safety and test the pharmacokinetics of ADCI in humans so quickly," said Harry H. Penner, Neurogen's President and CEO. "We look forward to the filing of an IND and additional Phase I testing of ADCI by Wyeth-Ayerst in the United States in the spring."
ADCI is a mild NMDA antagonist and a use-dependent blocker of voltage- gated sodium channels, the combined effect of which in pre-clinical studies is improved efficacy in the treatment of epileptic seizures. Neurogen in-licensed ADCI from the National Institutes of Health in 1992, and subsequently out-licensed the compound to American Home Products in November 1996.
Neurogen is a leading neuropharmaceutical company engaged in the design and development of a new generation of drugs promising improved treatment for a broad variety of neuropsychiatric disorders, including anxiety, obesity, schizophrenia, sleep disorders, stress-related disorders, dementia, depression, and epilepsy. Neurogen develops new drug candidates through the integration of cutting edge neurobiology, medicinal chemistry and molecular biology with its AIDD(SM) (Accelerated Intelligent Drug Design) program, a proprietary blend of combinatorial chemistry with high throughput screening, robotics and informatics.
The information in this press release contains certain forward-looking statements that involve risks and uncertainties as detailed from time to time in Neurogen's SEC filings, including its most recent 10-K. Actual results may differ materially from the statements made as a result of various factors, including, but not limited to, risks associated with the inherent uncertainty of Company research, difficulties or delays in development, testing, regulatory approval, production and marketing of any of the Company's drug candidates, adverse side effects or inadequate therapeutic efficacy of the Company's drug candidates, advancements of competitive products, dependence on corporate partners, sufficiency of cash to fund the Company's planned operations and patent, product liability and third party reimbursement risks associated with the pharmaceutical industry.
This release is available on the Internet at www.neurogen.com SOURCE Neurogen Corporation |