Neurovive Pharmaceutical: First patient recruited to clinical phase II study for treatment of traumatic brain injury

STOCKHOLM--(BUSINESS WIRE)--

Regulatory News:

NeuroVive Pharmaceutical AB (publ)(NVP.ST), a leading mitochondrial medicine company, has recruited the first patient in a Phase IIa clinical trial to evaluate the companys drug candidate NeuroSTAT for the treatment of traumatic brain injury. The trial is being conducted at the Department of Neurosurgery, Copenhagen University Hospital under the supervision of Professor Bertil Romner and Dr Walter Fischer. Bertil Romner is a leading expert in the treatment of traumatic brain injury, and Walter Fischer is the studys principal investigator.

The phase IIa trial is an open label, uncontrolled study that will recruit a total of 20 patients. The primary endpoint of the study is to evaluate NeuroSTATs pharmacokinetic properties and safety in patients with severe traumatic brain injury. In addition, secondary endpoints include several monitoring techniques to study the effect of NeuroSTAT at the mitochondrial level and how different biochemical processes are influenced by NeuroSTAT after a brain injury has occurred.

Traumatic brain injury is an area of huge medical need for which there are currently no approved pharmaceutical treatment options.

Mikael Brnnegrd, CEO of NeuroVive Pharmaceutical said: The inclusion of the first patient in our phase IIa trial to evaluate NeuroSTAT for traumatic brain injury is an important milestone for NeuroVive. The study is designed to generate safety data and dosage information for the treatment of traumatic brain injury. This data will be vital for the upcoming phase III study with the purpose of evaluating NeuroSTATs treatment potential for traumatic brain injury. The design work and planning of the phase III study have already begun.

Bertil Romner, Professor of Neurosurgery, added: I am glad to take part in the development of a long-awaited pharmacological treatment for patients suffering from traumatic brain injury, a disease with highly unmet medical need.

More detailed information on the Phase IIa study can be found by accessing the following link: http://www.clinicaltrials.gov/ct2/show/NCT01825044

About NeuroVive

NeuroVive Pharmaceutical AB, a leading mitochondrial medicine company, is developing a portfolio of products to treat acute cardiovascular and neurological conditions through mitochondrial protection. These medical conditions are characterized by high medical needs and that there are currently no approved pharmaceutical treatments options. NeuroVives products CicloMulsion (heart attack) and NeuroSTAT (traumatic brain injury) are currently being evaluated in phase III and phase II-studies, respectively. NeuroVives research programs also include a product for the treatment of brain injury in stroke patients and drug candidates for cellular protection and the treatment of mitochondria-related energy regulation diseases. NeuroVives shares are listed on the NASDAQ OMX stock exchange in Stockholm, Sweden.

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Neurovive Pharmaceutical: First patient recruited to clinical phase II study for treatment of traumatic brain injury