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Alzhemed Resumes Race for Alzheimer’s Cure with Phase III Trial

July 5, 2005 – The Phase III clinical trial for Alzhemed, a drug battling Flurizan for the top spot in Alzheimer’s treatment research, is ready to begin in North America. Neurochem, Inc., the manufacturer, announced today the recruitment of 950 patients with mild-to-moderate Alzheimer’s Disease for the trial to be conducted in 51 U.S. and 17 Canadian clinical centers.

 

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The Company has completed the selection of sites for a similarly sized Phase III clinical trial in Europe and expects to begin patient recruitment in the fall of 2005.

In March, Decision Resources, Inc., one of the world's leading research and advisory firms focusing on pharmaceutical and health care issues, forecasts that the launches of Neurochem's Alzhemed and Myriad Genetics' Flurizan will be major factors in driving the market for the treatment of Alzheimer's disease to more than double to $4 billion by 2013.

According to the new Pharmacor study entitled Alzheimer's Disease, a dramatic change in market dynamics will begin half way through the study's 2003 to 2013 forecast period, as the first disease-modifying therapies—including Alzhemed (NC-531) and Flurizan (R-flurbiprofen)—enter the market. These two therapies will account for more than 56% of Alzheimer's disease treatment sales in the United States, Western Europe and Japan, they predict.

“We believe Alzhemed may be able to provide patients with real hope,” said Neurochem Chairman and President Francesco Bellini.

"Completion of patient recruitment for the Phase III Alzhemed clinical trial in North America is a major milestone for the Company," Bellini said.

"To have recruited this large number of patients in less than one year is an indication of the priority we have placed upon developing this product candidate as well as the interest that Alzhemed has raised to-date among researchers and physicians, he added.

The multi-center, randomized, double-blind, placebo-controlled and parallel designed North American Phase III clinical trial is investigating the safety and efficacy of Alzhemed for the treatment of AD in mild-to-moderate patients.

The patients have been randomized to receive either placebo or one of two different dose levels of Alzhemed (100mg or 150mg twice daily) for a period of 18 months. All participants must be treated with conventional AD therapies and must be on stable dose for at least four months prior to the screening visit.

The two primary efficacy parameters are the change from baseline to month 18 in the ADAS-cog and CDR-SB scores (Alzheimer's Disease Assessment Scale, cognitive subpart (ADAS-cog); Clinical Deterioration Scale Sum of Boxes).

The potential disease modification effect of Alzhemed is also assessed by brain volume change from baseline as measured by Magnetic Resonance Imaging.

The Phase II Trial

In 2003 Neurochem successfully completed the randomized Phase II clinical trial for Alzhemed. This Phase II clinical trial was a multi-centre, double-blind, placebo-controlled and parallel-designed study. A total of 58 patients with mild-to-moderate AD were randomized to receive either placebo or Alzhemed at daily doses of 100 mg, 200 mg or 300 mg for 12 weeks.

There were no safety findings of concern at the three doses tested. The most frequent adverse events reported on Alzhemed were nausea and vomiting, and their occurrence was dose-dependent. These adverse events were transient and mild-to-moderate in severity.

The pharmacokinetic profile of Alzhemed was well characterized in this AD patient population. The extent of systemic exposure was approximately proportional to the administered dose. The bioanalysis revealed the presence of Alzhemed in the CSF of AD patients and the levels appeared to be dose-related. This important finding suggests that Alzhemed crosses the blood brain barrier.

Patients who completed the three-month study were invited to participate in an open-label extension study for an additional nine months. In this on-going open-label study, all patients receive 300 mg of Alzhemed daily.

Neurochem previously investigated the safety, tolerability and pharmacokinetic profiles of Alzhemed in healthy volunteers in four Phase I clinical trials. Its anti-amyloid effectiveness has also been evaluated in a transgenic mouse model of brain, where tests demonstrated that Neurochem's compound had a dose-dependent inhibitory effect on both the deposition of cerebrovascular amyloid ß (Aß) and on Aß plasma concentration.

About Alzhemed

Alzhemed is an orally administered, small organic molecule that has been specifically designed to modify the course of AD through its anti-amyloid activity. As part of a "disease modifying" novel class of product candidates, Alzhemed is expected to act at two levels: in preventing and stopping the formation and the deposition of amyloid fibrils in the brain and in binding to soluble Aß protein to reduce the amyloid-induced toxicity on neuronal and brain inflammatory cells associated with amyloid build-up in AD.

About Alzheimer's Disease

AD is a leading cause of death in older people. The disease is characterized by the progressive death of nerve cells in the brain, making it difficult for the brain's signals to be transmitted properly. A person with AD experiences problems with memory, judgment, thinking, and eventually with motor functions, all of which make it hard for the person to participate in day-to-day activities.

According to the National Institute on Aging's "Progress Report on Alzheimer's Disease, 2000," AD is the most common cause of dementia among people aged 65 and older. Scientists estimate that up to four and a half million people in the United States currently suffer with the disease and the prevalence (the number of people with the disease at any one time) doubles every five years beyond age 65. It is also estimated that approximately 360,000 new cases (incidence) will occur each year and that this number will increase as the population ages.

In a 2000 report, the Biotechnology Industry Organization estimated that in the United States the total cost of AD is approximately US$100 billion per year.

About Neurochem

Neurochem is focused on the development and commercialization of innovative therapeutics for neurological disorders. The Company's pipeline of proprietary, disease-modifying oral products addresses critical unmet medical needs. 1,3-propanedisulfonate (1,3PDS; Fibrillex) is designated as an orphan drug and a Fast Track Product candidate and is also part of an FDA Continuous Marketing Applications Pilot 2 program. The Phase II/III clinical trial of Fibrillex for the treatment of AA Amyloidosis was recently concluded. The Company is in the process of submitting a New Drug Application (NDA) for Fibrillex that the FDA has agreed to file and review. 3-amino-1-propanesulfonic acid (3APS; Alzhemed), for the treatment of Alzheimer's Disease, is in a Phase III clinical trial and 3APS (Cerebril), for the prevention of Hemorrhagic Stroke caused by Cerebral Amyloid Angiopathy, has completed a Phase IIa clinical trial.

 

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