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Biotech / Medical : NYMXF Alzheimer's treatment!
NYMXF 0.1060.0%Oct 31 9:30 AM EST
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To: Demetre Deliyanakis who wrote (118)8/7/1998 7:51:00 AM
From: Ron   of 132
 
Stock will move up. It should.

Nymox says Alzheimer's drug promising

ROCKVILLE, Md., Aug 6 (Reuters) - Nymox Pharmaceutical Corp. (NMX.M - news) said on Thursday
that experimental studies on its drug candidate for Alzheimer's disease have yielded promising results, and
that it plans to target the drug for human testing in less than a year.

Nymox designed the lead compound NXD2858 in the drug to inhibit the formation of Alzheimer plaques
from spherons, balls of protein found in the brain, and slow down or arrest the progression of the disease.

New studies illustrate that the drug is orally bioavailable, has good blood-brain penetration and shows no
evidence of toxicity or significant potential side effects, the company said.

''We are very excited by these positive developments,'' said Dr. Paul Averback, chief executive of Nymox.
''...we believe that our spheron-based therapeutic program has unique potential to modify this major
disease problem (Alzheimer's). We are particularly pleased about our drug candidate's lack of toxicity thus
far.''

Averback said Nymox have shown that spherons satisfy 20 criteria of validity implicating them as the
potential cause of AD. He cited studies done by Nymox and other laboratories.
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