San Diego, CA – June 16th, 2009 - Avineuro Pharmaceuticals, Inc. announced today an initiation of Phase I clinical studies of AVN-322, a potent and selective small molecule antagonist of 5-HT6 receptor for treatment of Alzheimer’s disease. The results of Phase I studies are expected to be available in September 2009. Based on these and other results, Avineuro Pharmaceuticals, Inc. plans to advance AVN-322 into Phase II clinical trials in Q4 2009.
About Avineuro Pharmaceuticals, Inc.:
Avineuro discovers and develops novel small molecules for unmet medical needs in neurology and psychiatry. Avineuro emphasizes a rational approach to drug discovery that combines modern medicinal chemistry with streamlined pre-clinical and clinical development studies, thus allowing a fast transition to proof-of-concept product candidates.