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 SIBIA Reports Prolonged Cognitive-Enhancing
 Effect of Its Lead Nicotinic Acetylcholine
 Receptor Compound in Pre-Clinical Models of
 Parkinson's Disease

 Source: PR Newswire

LA JOLLA, Calif., March 12 /PRNewswire/ via Individual Inc. -- In a
poster presented at the American Society for Pharmacology and
Experimental Therapeutics (ASPET) Meeting in San Diego, scientists
from SIBIA Neurosciences, Inc. (Nasdaq-NNM: SIBI) and the Allegheny
University of the Health Sciences reported that SIB-1508Y, one of
SIBIA's proprietary neuronal nicotinic acetylcholine receptor
agonists, demonstrates a prolonged reversal of cognitive deficits in a
primate model of the cognitive deficits in Parkinson's disease. Based
on the data from these and other studies, SIBIA believes SIB- 1508Y
(now in Phase I clinical trials) could offer a new approach to the
treatment of Parkinson's disease with distinct advantages over
existing Parkinson's disease therapies because of its ability to
reduce both cognitive and motor deficits. It is now recognized that
cognitive impairment is a serious and frequent symptom in many
Parkinson's patients, but no treatment addresses this aspect of the
disease.

In the studies reported by G. Kenneth Lloyd, Ph.D. and Frederique
Menzaghi, Ph.D. of SIBIA and Jay Schneider, Ph.D. of the Allegheny
University of the Health Sciences, monkeys were administered low doses
of the neurotoxin MPTP to induce the same cognitive deficits observed
in Parkinson's patients, but not the severe motor symptoms. MPTP
selectively kills the neurons that are also lost in Parkinson's
disease, and at higher doses induces a Parkinson's-like syndrome,
complete with motor dysfunction, in both animals and humans. Treatment
with SIB-1508Y reversed the cognitive deficits in the monkeys, which
were assessed by different tests of cognitive performance. Notably,
this effect appeared to increase up to 48-hours post dosing and was
long-lasting (up to 28 days after a single dose of SIB-1508Y). The
rapid onset and long duration of these cognitive effects in the
primates suggest two mechanisms -- an initial release of the
neurotransmitter acetylcholine, which has been confirmed by other
studies, and a possible trophic effect currently under investigation.

Parkinson's disease is characterized by the degeneration of
catecholamine neurons, especially dopamine neurons, as well as a
substantial (approx. 50%) loss of acetylcholine in the cortex and
hippocampus. SIB-1508Y stimulates dopamine release in the striatum and
limbic system and acetylcholine release in the frontal cortex and
hippocampus (but not the striatum). Thus, SIB-1508Y addresses major
neurochemical deficits which occur in Parkinson's disease.

While the positive effect of SIB-1508Y in the low-dose MPTP model is
consistent with the compound's mechanism, the duration of the effect
is especially intriguing. This particular finding suggests that
SIB-1508Y may induce long-lasting benefits as well as exhibiting
symptomatic effects. No other compound has generated such a marked and
long-lasting effect in this model of the cognitive deficits of
Parkinson's disease.

In earlier pre-clinical studies, SIB-1508Y ameliorated the severe
motor dysfunction seen in high-dose MPTP-treated monkeys. It also
potentiated the motor effects of levodopa and certain other marketed
antiparkinsonian drugs in MPTP-treated monkeys. Thus, SIBIA believes
SIB-1508Y may have both an intrinsic activity in the treatment of the
motor symptoms of Parkinson's disease and a potentiation of levodopa
in more severe patients.

SIBIA Neurosciences, Inc. is engaged in the discovery and development
of novel, small molecule therapeutics for treating disorders of the
nervous system based on its unique approach to characterizing the
molecular processes involved in such disorders. SIBIA is focusing its
efforts on developing compounds for the treatment of Parkinson's
disease, Alzheimer's disease, stroke, head trauma, epilepsy, chronic
pain, schizophrenia and other disorders. The Company currently has
collaborations with Eli Lilly and Company, Novartis (formerly
CIBA-GEIGY Limited), Bristol-Myers Squibb Company and Meiji Seika
Kaisha, Ltd.

This press release contains forward-looking statements that involve
risks and uncertainties. As a result, actual results could differ
materially from those discussed herein. These risks and uncertainties
include SIBIA's early stage of development, the new and uncertain
state of SIBIA's technologies, SIBIA's future capital needs and the
uncertainty of receiving additional funding, uncertainties regarding
patents, proprietary rights and regulatory matters, and other
research, development and market risks. These and other risks and
uncertainties are more fully set forth in SIBIA's Prospectus included
in its Registration Statement on Form S-1 filed in connection with its
initial public offering, as well as in SIBIA's most recently filed
Form 1O-Q. SOURCE SIBIA Neurosciences, Inc.

/CONTACT: Michael J. Dunn, Vice President, Business Development of
SIBIA, 619-452-5892, ext. 223/ (SIBI) CO: SIBIA Neurosciences, Inc.
ST: California IN: MTC SU:   KS-CW -- LAW026 -- 4261 03/12/97 07:01
EST http://www.prnewswire.com  [03-12-97 at 12:00 EST, PR Newswire]