Israeli Biotech NeuroDerm Ltd. Files For $65 Million IPO

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NeuroDerm Ltd. Files Registration Statement for Proposed Initial Public Offering

REHOVOT, Israel, September 15, 2014 /PRNewswire -- NeuroDerm Ltd., a clinical stage pharmaceutical company developing drugs for central nervous system (CNS) diseases, today announced that it has filed a registration statement on Form F-1 with the U.S. Securities and Exchange Commission for a proposed initial public offering of its ordinary shares. The number of shares to be offered and the price range for the proposed offering have not yet been determined. NeuroDerm has applied to list its ordinary shares on the Nasdaq Global Market under the ticker symbol “NDRM.”

Jefferies LLC and Cowen and Company, LLC are acting as joint book-running managers for the proposed offering. Oppenheimer & Co. Inc. and Roth Capital Partners, LLC are acting as co-managers for the proposed offering.

The offering will be made only by means of a prospectus. When available, a copy of the preliminary prospectus relating to the offering may be obtained from either: Jefferies LLC, 520 Madison Ave, 2nd Floor, New York, NY 10022, 877-547-6340, email: Prospectus_Department@Jefferies.com or Cowen and Company, LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY, 11717, Attn: Prospectus Department. Phone (631) 274-2806 / Fax (631) 254-7140.

A registration statement relating to these securities has been filed with the Securities and Exchange Commission, but has not yet become effective. These securities may not be sold nor may offers to buy these securities be accepted prior to the time the registration statement becomes effective.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About NeuroDerm

NeuroDerm is a clinical-stage pharmaceutical company developing central nervous system (CNS) product candidates that are designed to overcome major deficiencies of current treatments and achieve enhanced clinical efficacy through continuous, controlled administration. NeuroDerm is headquartered in the Weizmann Science Park, Rehovot, Israel.

NeuroDerm Contact:Oded S. Lieberman, PhD MBA, CEO oded@neuroderm.com Tel.: +972-8-946 2729 Cell: +1-617-517 6077 U.S. Investor Contact:David Carey Lazar Partners Ltd. dcarey@lazarpartners.com +1-212-867-1762 U.S. Media Contact:Hollister Hovey Lazar Partners Ltd. hhovey@lazarpartners.com +1-212-867-1762

SOURCE NeuroDerm Ltd

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