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NeuroSearch

Cell and gene based drug research company to strengthen capital base

Published in Mental Health Business Week, June 4th, 2005

NeuroSearch (NEUR.CO) and other existing shareholders have decided to strengthen the capital base of NsGene A/S by DKK 30 million of which NeuroSearch's participation amounts to DKK 8.1 million.

The strengthened capital base, together with external grants, makes it possible for NsGene to initiate two planned clinical phase 1/2 Parkinson and Alzheimer studies within the coming 18 months and also to exploit new and promising findings within the company's gene discovery program.

In the near future, it is expected that clinical studies will be initiated with NsGene's nerve growth factor Neublastin for the treatment of neuropathic pain. Neublastin is...

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