| ACADIA Pharmaceuticals Announces Multiple Presentations of  Data from Phase III Pimavanserin Program at the 17th International Congress of  Parkinson's Disease and Movement Disorders 09:00 EDT Tuesday, June 18, 2013
 SAN DIEGO (Business Wire) -- ACADIA Pharmaceuticals Inc. (NASDAQ: ACAD), a  biopharmaceutical company focused on innovative treatments that address unmet  medical needs in neurological and related central nervous system disorders,  presented data today from its Phase III program with pimavanserin for  Parkinson's disease psychosis (PDP), including data from its pivotal -020 Study  and the related, open-label safety extension study, at a poster session at the  17th International Congress of Parkinson's Disease and Movement  Disorders, which is taking place in Sydney, Australia from June 17 - 20, 2013.
 
 “Data from our open-label safety extension study indicate that long-term  administration of pimavanserin is generally safe and well tolerated in PDP  patients and suggest that duration of antipsychotic effect may be maintained for  longer than the six weeks investigated in our pivotal -020 Study,” said Uli  Hacksell, Ph.D., ACADIA's Chief Executive Officer. “The overall efficacy and  safety profile observed to date shows that pimavanserin has the potential to  offer a new treatment option that may provide significant advantages relative to  current antipsychotics used off-label for the treatment of PDP.”
 
 Key poster presentations:
 
 1. “Long Term Pimavanserin Treatment for Parkinson's Disease Psychosis  (PDP): An Interim Analysis of Safety and Tolerability Data from Study  ACP-103-015.” The interim analysis of the Phase III open-label safety  extension trial (-015 Study) reflects data assembled in the database as of March  21, 2013. A total of 458 PDP patients from 14 countries with a mean age at  study-entry of 71 years had rolled over into the -015 Study from the six-week  pivotal, placebo-controlled efficacy, tolerability and safety trial (-020 Study)  and two earlier six-week placebo-controlled trials (-012 and -014 Studies).  Study evaluations occur at week 2 and at months 1, 3, 6, 9 and 12, as well as  every 6 months thereafter. About half of the patients stayed in the open-label  study for more than a year. The data suggest that long-term administration of 40  mg of pimavanserin is generally safe and well tolerated in patients with PDP. In  addition, the rate of discontinuation due to adverse events in the -015 Study  appears to be lower than that recently reported in a third-party study of  patients over 40 years old who used one of four commonly prescribed atypical  antipsychotic drugs.
 
 Although there are no formal efficacy endpoints in the open-label -015 Study,  antipsychotic effect was measured at one month using the SAPS-PD scale and at  all study visits using the Clinical Global Impression Improvement, or CGI-I,  scale, and the Clinical Global Impression Severity, or CGI-S, scale. The CGI  data are intended to provide the investigator with information to determine  whether patients continue to derive benefit from pimavanserin during the  open-label study. Patients who entered the -015 Study from the 40 mg treatment  arm of the previous six-week studies maintained about the same mean improvement  in SAPS-PD scores one month later. Patients who entered the -015 Study from the  placebo arm of the previous six-week studies displayed a marked improvement in  mean SAPS-PD scores after one month in the -015 Study. In addition, the  long-term CGI data indicate durability of treatment effect for patients  remaining in the open-label study.
 
 2. “Improved Nighttime Sleep and Increased Daytime Wakefulness in Patients  with PD Psychosis Treated with Pimavanserin.” In addition to the assessments  of antipsychotic efficacy, effects on sleep and daytime wakefulness were  assessed in the previously reported six-week pivotal -020 Study. Although the  study did not require sleep impairment at entry, pimavanserin demonstrated a  significant improvement in nighttime sleep at weeks 4 and 6 compared to placebo.  Consistent with previous pimavanserin studies, this sleep improvement was not  accompanied by any sedation or “hang-over effect.” Instead, pimavanserin  produced a significant improvement in daytime wakefulness at week 6 compared to  placebo. Patients who entered the -020 Study with severe nighttime disturbances  (i.e., those having a baseline score of at least 7 on the Scales for Outcome in  Parkinson's Disease - Nighttime Sleep, or SCOPA-NS) benefitted the most from  pimavanserin therapy and showed highly significant nighttime sleep improvements  at weeks 2, 4 and 6 compared to placebo. The positive effect of pimavanserin on  nighttime sleep and daytime wakefulness did not correlate with antipsychotic  measures, thus indicating that the sleep and wakefulness improvements of  pimavanserin seen in the -020 Study may represent treatment benefits independent  from the antipsychotic efficacy.
 
 About Pimavanserin
 
 Pimavanserin is ACADIA's proprietary small molecule that acts selectively as  an antagonist/inverse agonist on serotonin 5-HT2A receptors and is in  Phase III development as a potential first-in-class treatment for Parkinson's  disease psychosis. Pimavanserin can be taken orally as a tablet once-a-day.  ACADIA discovered pimavanserin and holds worldwide rights to this new chemical  entity.
 
 ACADIA has reported results from its pivotal Phase III -020 Study evaluating  the efficacy, tolerability, and safety of pimavanserin in patients with PDP.  Results of the study showed that pimavanserin demonstrated highly significant  antipsychotic efficacy in patients with PDP and allowed for maintained motor  control. Pimavanserin also showed significant improvements in all secondary  efficacy measures and on the exploratory measures of nighttime sleep, daytime  wakefulness, and caregiver burden. Consistent with previous studies,  pimavanserin was safe and well tolerated in the -020 Study.
 
 In April 2013, ACADIA announced an expedited path to a New Drug Application  (NDA) filing for pimavanserin following a meeting with the Food and Drug  Administration (FDA). ACADIA is currently focused on completing the remaining  elements of its pimavanserin PDP program and is targeting an NDA submission near  the end of 2014.
 
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