Adocia Launches Phase 2 Clinical Study on Type 1 Diabetic Patients with its Fast-Acting Human Insulin, Hinsbet(R)

Lyon, France, 24th of June 2011- Adocia SAS, a privately-held biotechnology company specialized in regenerative medicine and in the treatment of chronic diseases, announced today the launch of its second clinical trial for the development of HinsBet(R), its fast-acting human insulin.

The company completed a Phase I study in March on healthy volunteers showing that the action of HinsBet(R) is as fast as that of NovoLog(R) and has less variability. The positive clinical results obtained with HinsBet(R) during the Phase I study have permitted to quickly start a second study of Phase IIa on 20 type 1 diabetics.

The Phase IIa study is double-blinded, under euglycemic clamp, and aims to compare variabilities of HinsBet(R) and NovoLog(R) with three repeated injections of each product to each patient.

“We expect this study to confirm HinsBet(R)’s similar efficacy on type 1 diabetics compared with Novo Nordisk’s fast-acting insulin analog which is the market leader,” said Dr Gérard Soula, president and CEO at Adocia.

Adocia has developed HinsBet(R) using its BioChaperone(R) library of polysaccharides modified with naturally occurring molecules. BioChaperone(R) is designed to form a reversible molecular complex with therapeutic proteins in order to solubilize and stabilize these proteins and to control their delivery.

”Adocia’s BioChaperone boosts absorption of insulins, human as well as analogs,” said Dr Olivier Soula, vice president and R&D director at Adocia. “This has already been proved in the clinic in humans with human insulin. Moreover, the absorption rate with NovoLog(R) has been doubled after subcutaneous injection using a pig model.”

As a result of the promising clinical development, the company is actively seeking pharmaceutical partners in order to develop its innovative insulin formulations.

About Adocia SAS

Adocia (Lyon, France) is a privately held French biotechnology company specialized in regenerative medicine and in the treatment of chronic diseases. Adocia is developing innovative protein formulations based on its proprietary technology, BioChaperone. Adocia is engaged in two collaborative programs on the formulation of monoclonal antibodies using its BioChaperone(R) platform with two biopharma companies, and it has two collaborations with medtech companies. Since its inception, Adocia has raised EUR 28 million in two financing rounds.

Mark Tidmarsh

ANDREW LLOYD & ASSOCIATES

http://www.ala.com

mark@ala.com

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Mark Tidmarsh

ANDREW LLOYD & ASSOCIATES

http://www.ala.com

mark@ala.com

Brighton Business Centre 95 Ditchling Road Brighton BN1 4ST ENGLAND

Tel: +44 1273 675100

Fax: +44 1273 675400

55 rue Boissonade 75014 Paris FRANCE Tel: +33 1 56 54 07 00

Fax: +33 1 56 54 07 01

INTERNATIONAL TECHNOLOGY MARKETS, STRATEGY & COMMUNICATION

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