Year End Report for Diamyd Medical AB, Fiscal Year 2006/2007

STOCKHOLM, Sweden--(BUSINESS WIRE)--Regulatory News: Diamyd Medical AB (NASDAQ:DMYDY) (STO:DIAMB): September 1, 2006 – August 31, 2007 Type 1 diabetes project showing steady progress towards phase III trials. Continued strong results from a Phase II trial were presented after 21 months follow-up, with a significant difference in efficacy between the Diamyd® group and the placebo group (September 2007). Following a filing of an End of Phase II briefing package and a meeting with the US FDA in January 2007, the plan is to submit an IND application before the end of 2007 to initiate a Phase III program.
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