Something like this might help test for neuroprotective effects of various treatments. Ron Reiner (49/2) --------------------- Guilford Pharmaceuticals and Parkinson Study Group Announce Positive Clinical Results With DOPASCAN(R), Parkinson`s Disease Diagnostic Agent June 10, 1997 BALTIMORE, June 9 /PRNewswire/ via Individual Inc. -- Guilford Pharmaceuticals Inc. (Nasdaq: GLFD) today announced that the analysis of a Phase IIB multi-center clinical study of DOPASCAN(R) Injection has been completed and demonstrated positive results. Based on the findings, the Company is moving ahead with plans to conduct Phase III clinical trials. DOPASCAN(R) is the first diagnostic test being developed for Parkinson's disease, a common neurodegenerative disorder. The signs and symptoms of Parkinson's disease result from the deterioration of dopamine neurons in the brain. DOPASCAN(R) is a radiopharmaceutical which is administered by injection and allows physicians to obtain pictures of dopamine neurons with conventional brain scanning equipment. The pictures obtained with DOPASCAN(R) measure the deterioration of dopamine neurons and can be used to diagnose Parkinson's disease. The completed Phase II study was the first multi-center clinical trial conducted with DOPASCAN(R). It was designed to investigate the use of DOPASCAN(R) and SPECT imaging in the diagnosis of Parkinson's disease in a patient population that included: patients previously diagnosed with Parkinson's disease; patients diagnosed with essential tremor, a movement disorder not related to Parkinson's disease; progressive supranuclear palsy (PSP), a disease closely resembling Parkinson's disease clinically but which does not respond to treatment for Parkinson's disease; and a control group of healthy individuals. A total of 96 patients were studied. The results from the Phase IIB study indicate that DOPASCAN(R) can differentiate subjects with a Parkinsonian disorder (Parkinson's disease and PSP) from subjects without a Parkinsonian disorder (essential tremor and healthy controls) with a high sensitivity (98%) and specificity (97%). No serious adverse events were attributed to DOPASCAN(R) in this study. A comprehensive analysis of the results of the study is expected to be presented September 28, 1997 at The Parkinson Study Group/Movement Disorders symposium which will be held in conjunction with the meeting of the American Neurological Association. "The early diagnosis of Parkinson's disease can be complicated, expensive, and time consuming. The results we have obtained with DOPASCAN(R) are very encouraging. We believe a new, rapid diagnostic test that can identify Parkinson's disease would be valuable to patients and their physicians, and make possible more effective and appropriate treatments. We hope to begin our Phase III clinical trials with DOPASCAN(R) after consultation with the FDA," commented Dr. Craig R. Smith, President and CEO of Guilford Pharmaceuticals Inc. Guilford Pharmaceuticals Inc. is a biopharmaceutical company engaged in the development of polymer-based therapeutics for cancer, and novel products for the diagnosis and treatment of neurological diseases, including Parkinson's disease, Alzheimer's disease, stroke, severe head trauma, spinal cord injuries, multiple sclerosis, peripheral neuropathies, and cocaine addiction. This press release contains forward-looking statements that involve risk and uncertainties, including those described in the section entitled "Risk Factors" from the Company's registration statement on Form S-3, declared effective April 7, 1997, that could cause the Company's actual results and experience to differ materially from anticipated results and expectations expressed in these forward-looking statements. In particular, the clinical results discussed above are based on a limited number of patients, the Company's plan to begin Phase III clinical trials is dependent upon several factors beyond the Company's control such as receipt of FDA clearance to proceed to Phase III and the timely delivery of a Phase III scale-up process by the Company's supplier of DOPASCAN(R), and there can be no assurance that delays may not occur in the Company's current plans, that the Company will be able to successfully develop DOPASCAN(R) into a safe and effective FDA-cleared drug or that it can be successfully marketed and commercialized even if FDA marketing clearance is eventually obtained. Internet address: http://www.guilfordpharm.com For Press Releases: http://www.prnewswire.com SOURCE Guilford Pharmaceuticals Inc. /CONTACT: Angela Webber of Guilford Pharmaceuticals, 410-631-6449; media, Brad Miles of B.M.C., or for investors, Jonathan Fassberg of The Trout Group, 212-477-9007/ (GLFD) [Copyright 1997, PR Newswire]