Speedel Holding AG’s Third Renin Inhibitor Advances to the Clinic

Speedel Holding Ltd (SWX: SPPN), today unveiled SPP676 as a new renin inhibitor with the announcement that the promising new compound is beginning Phase I clinical trials. SPP676 is from the SPP600 series of renin inhibitors for the treatment of hypertension and related end-organ diseases. The Phase I trial will test the safety and tolerability of single and multiple oral doses in healthy volunteers and first results are expected in 2008. SPP676 is one of several novel compounds developed by Speedel Experimenta, the company's late-stage research unit.
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