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New Approach to Treatment of Central Nervous System Diseases Bypasses the
Blood - Brain - Barrier

HAUPPAUGE, N.Y., July 18 /PRNewswire/ -- Nastech Pharmaceutical Company Inc.
(Nasdaq: NSTK) announced today that it has demonstrated the preferential
uptake of intranasally administered Apomorphine directly into the cerebral
spinal fluid (CSF), a fluid that surrounds and supports the brain and spinal
cord. The nasal delivery of pharmaceutically active compounds that are not
able to cross the blood-brain-barrier when given by other routes of
administration may provide a new, non-invasive way of treating Alzheimer's
disease, Parkinson's disease, stroke and other important brain diseases and
conditions. The study, which was initiated in May, was conducted as a Phase
I, single dose, open label clinical trial in 12 healthy male subjects at
SUNY Stony Brook Medical Center in Stony Brook, New York. Apomorphine was
administered intranasally to each subject, and thereafter blood was drawn,
and CSF samples were obtained by spinal tap. Apomorphine levels were
determined by HPLC-MS- MS, a state-of-the-art analytical tool. The results
were expressed as a ratio of CSF level to blood level at various times
indicated. The data indicate that Nastech's intranasal Apomorphine HCl
formulation produced a CSF to plasma ratio of 0.27 to 0.44 at 20 minutes.
This can be compared to a ratio of less than 0.05 resulting from the
subcutaneous administration of Apomorphine under the same experimental
conditions as noted in published clinical studies. No significant adverse
events were observed during the study. The results of the clinical study are
promising because distribution of drugs to the brain tissue is highly
restricted even though the brain receives approximately 20% of cardiac
output. Drugs normally reach the central nervous system (CNS) via two
mechanisms: the brain capillaries and the CSF. The endothelial cells of the
brain's capillaries, which appear to be more tightly joined to one another
than are those of other capillaries, contribute to the fact that many drugs
enter the brain slowly or not at all. In addition to the restrictive
capillary walls, there are also connective tissue cells that form an
astrocyte sheath close to the basement membrane of the capillary
endothelium. Together the capillary walls and the astrocytic sheath form
what is commonly referred to as the blood-brain-barrier. The results of the
clinical study indicate that certain drugs via nasal administration may be
deposited directly into the CSF, bypassing the blood-brain-barrier. "We are
pleased by the results of this clinical study, which confirms that nasal
drug delivery, unlike other drug delivery modalities, provides a unique
pathway for drug molecules to reach the brain," stated Steven C. Quay, M.D.,
Ph.D., Chairman, President and Chief Executive Officer of Nastech. "We
intend to expand our internal research programs and the breadth of our
therapeutic focus to include intranasal delivery of drugs to potentially
treat major diseases of the central nervous system, such as Parkinson's,
Alzheimer's and Multiple Sclerosis. We also believe this provides unique
intellectual property opportunities that should enhance Nastech's valuable
patent estate." Nastech Pharmaceutical Company Inc., recognized worldwide as
a leader in nasal drug delivery technology, is dedicated to improving
patient care by using "Formulation Science", a systematic approach to drug
development using biophysics, physical chemistry, and pharmacology to
maximize therapeutic efficacy and safety, and provide new therapeutic
options. Additional information on Nastech is available at
http://www.Nastech.com. Nastech Safe Harbor Statement Statements contained
herein that are not historical fact may be forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933 and Section 21E of
the Securities Exchange Act of 1934, that are subject to a variety of risks
and uncertainties. There are a number of important factors that could cause
actual results to differ materially from those projected or suggested in any
forward-looking statement made by the Company. These factors include, but
are not limited to: (i) the Company's ability to successfully complete
product research and development, including pre-clinical and clinical
studies and commercialization; (ii) the Company's ability to obtain required
governmental approvals, including product and patent approvals; (iii) the
Company's ability to attract and/or maintain manufacturing, sales,
distribution and marketing partners; and (iv) the Company's ability to
develop and commercialize its products before its competitors. In addition,
significant fluctuations in quarterly results may occur as a result of
varying milestone payments and the timing of costs and expenses related to
the Company's research and development program. Additional factors that
would cause actual results to differ materially from those projected or
suggested in any forward-looking statements are contained in the Company's
filings with the Securities and Exchange Commission, including those factors
discussed under the caption "Risk Factors" in the Company's most recent
Annual Report on Form 10-K. Contact: Matthew D. Haines Director, Corporate
Communications (631) 273-0101, ext. 329 [log in to unmask] Noonan/Russo
Communications (212) 696-4455 Ellie Kline, ext. 254 (media) David Walsey,
ext. 230 (investors)

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