MediciNova, Inc. Initiates Phase II Clinical Trial of MN-221 in Moderate to Severe Asthma Patients

SAN DIEGO, June 23, 2008 (PRIME NEWSWIRE) -- MediciNova, Inc., a biopharmaceutical company that is publicly traded on the Nasdaq Global Market (Nasdaq:MNOV) and the Hercules Market of the Osaka Securities Exchange (Code Number: 4875), today announced that it has initiated dosing in a Phase II clinical trial to determine the safety and efficacy of MN-221 in patients with moderate to severe, but stable asthma. This is the second Phase II trial currently underway to evaluate MN-221 in various populations of asthma patients.
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