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Axonyx, Inc.

Axonyx completes multiple-dose phase I study of Posiphen

Published in Aging and Elder Health Week, June 18th, 2006

Axonyx, Inc., (AXYX) announced the completion of its second phase I study with Posiphen in clinical development for the treatment of Alzheimer disease progression.

This double-blind, placebo-controlled multiple ascending-dose safety and pharmacokinetic study of Posiphen in healthy volunteers sought to establish well tolerated doses.

The initial review of the clinical adverse event data appears to be generally consistent with the results of the earlier single ascending dose phase I study that suggested that the mean Posiphen blood levels associated with well tolerated doses in humans are higher than those associated with potentially beneficial effects...

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