MediciNova Announces Presentation Regarding Clinical Trial of MN-166 …

December 7, 2015 - als

LA JOLLA, Calif., Dec. 06, 2015 (GLOBE NEWSWIRE) — MediciNova, Inc., a biopharmaceutical association traded on a NASDAQ Global Market (NASDAQ:MNOV) and a JASDAQ Market of a Tokyo Stock Exchange (Code Number:4875), announced that Dr. Yuichi Iwaki, President and CEO, has supposed an invitation to make a display per a ongoing clinical hearing of MN-166 (ibudilast) in amyotrophic parallel sclerosis (ALS) during a 6th Annual California ALS Pac10 and Research Network Meeting that will be hold during a Sanford Consortium for Regenerative Medicine, UCSD, La Jolla, California.

Presentation sum are as follows:

Session Date and Time:  Jan 8th, 2016, 10:30 AM PST

Location:  Sanford Consortium for Regenerative Medicine, UCSD, La Jolla, California

Title: Ibudilast (MN-166), Neuro Protective and Anti-Neuroinflammatory Compound, for ALS

About a ALS Trial

MediciNova, in partnership with Dr. Benjamin Rix Brooks, Director, Carolinas Healthcare System’s Neuromuscular/ALS-MDA Center, is now evaluating MN-166 (ibudilast) in both early and modernized theatre ALS patients.  This ongoing hearing is a randomized, double-blind, placebo-controlled investigate that includes a six-month diagnosis duration followed by a six-month open-label extension. The investigate is evaluating several efficiency endpoints including organic activity (ALSFRS-R), respiratory duty and flesh strength in subjects with ALS. The investigate skeleton to enroll sixty (60) ALS patients though NIV (Non-Invasive Ventilator) and an additional 60 ALS patients with NIV.  

About ALS

Amyotrophic parallel sclerosis (ALS), also famous as Lou Gehrig’s disease, is a on-going neurodegenerative illness that affects haughtiness cells in a mind and a spinal cord. The nerves remove a ability to trigger specific muscles, that causes a muscles to turn weak. As a result, ALS affects intentional transformation and patients in a after stages of a illness might turn totally paralyzed. Life outlook of an ALS studious is customarily 2-5 years. According to a ALS Association, there are approximately 30,000 ALS patients in a U.S. and approximately 5,600 people in a U.S. are diagnosed with ALS any year. Riluzole is a usually curative diagnosis authorized for ALS, though it has singular efficacy.

About MN-166 (ibudilast)

MN-166 (ibudilast) has been marketed in Japan and Korea given 1989 to yield post-stroke complications and bronchial asthma. MediciNova protected MN-166 (ibudilast) from Kyorin Pharmaceutical for intensity application in relapse-remitting mixed sclerosis (RRMS). Intellectual skill was additionally determined or performed by MediciNova in on-going MS and other neurological conditions. MN-166 (ibudilast) is a first-in-class, orally bioavailable, tiny proton phosphodiesterase (PDE) -4 and -10 inhibitor and a macrophage emigration inhibitory means (MIF) inhibitor that suppresses pro-inflammatory cytokines and promotes neurotrophic factors. It attenuates activated glia cells, that play a vital purpose in certain neurological conditions. Ibudilast’s anti-neuroinflammatory and neuroprotective actions have been demonstrated in preclinical and clinical investigate formula and yield a motive for a healing application in neurodegenerative diseases (e.g. on-going MS and ALS), piece abuse/addiction and ongoing neuropathic pain.  

About MediciNova

MediciNova, Inc. is a publicly-traded biopharmaceutical association founded on appropriation and building novel, small-molecule therapeutics for a diagnosis of diseases with unmet medical needs with a blurb concentration on a U.S. market. MediciNova’s stream plan is to concentration on MN-166 (ibudilast) for neurological disorders such as on-going MS, ALS and piece coherence (e.g. methamphetamine dependence, opioid dependence) and MN-001 (tipelukast) for fibrotic diseases such as nonalcoholic steatohepatitis (NASH) and idiopathic pulmonary fibrosis (IPF).  MediciNova’s tube also includes MN-221 (bedoradrine) for a diagnosis of strident exacerbations of asthma and MN-029 (denibulin) for plain growth cancers.  MediciNova is vigilant in vital partnering and other intensity appropriation discussions to support serve growth of a programs. For some-more information on MediciNova, Inc., greatfully revisit www.medicinova.com.

Statements in this press recover that are not chronological in inlet consecrate forward-looking statements within a definition of a protected bay supplies of a Private Securities Litigation Reform Act of 1995. These forward-looking statements include, though limitation, statements per a destiny growth and efficiency of MN-166, MN-221, MN-001, and MN-029. These forward-looking statements might be preceded by, followed by or differently embody a difference “believes,” “expects,” “anticipates,” “intends,” “estimates,” “projects,” “can,” “could,” “may,” “will,” “would,” “considering,” “planning” or identical expressions. These forward-looking statements engage a series of risks and uncertainties that might means tangible formula or events to differ materially from those voiced or pragmatic by such forward-looking statements. Factors that might means tangible formula or events to differ materially from those voiced or pragmatic by these forward-looking statements include, though are not singular to, risks of receiving destiny partner or extend appropriation for growth of MN-166, MN-221, MN-001, and MN-029 and risks of lifting sufficient collateral when indispensable to account MediciNova’s operations and grant to clinical development, risks and uncertainties fundamental in clinical trials, including a intensity cost, approaching timing and risks compared with clinical trials designed to accommodate FDA superintendence and a viability of serve growth deliberation these factors, product growth and commercialization risks, a doubt of either a formula of clinical trials will be predictive of formula in after stages of product development, a risk of delays or disaster to obtain or say regulatory approval, risks compared with a faith on third parties to unite and account clinical trials, risks per egghead skill rights in product possibilities and a ability to urge and make such egghead skill rights, a risk of disaster of a third parties on whom MediciNova relies to control a clinical trials and make a product possibilities to perform as expected, a risk of increasing cost and delays due to delays in a commencement, enrollment, execution or research of clinical trials or poignant issues per a endowment of clinical hearing designs or a execution of clinical trials, and a timing of approaching filings with a regulatory authorities, MediciNova’s collaborations with third parties, a accessibility of supports to finish product growth skeleton and MediciNova’s ability to obtain third celebration appropriation for programs and lift sufficient collateral when needed, and a other risks and uncertainties described in MediciNova’s filings with a Securities and Exchange Commission, including a annual news on Form 10-K for a year finished Dec 31, 2014 and a successive periodic reports on Forms 10-Q and 8-K. Undue faith should not be placed on these forward-looking statements, that pronounce usually as of a date hereof. MediciNova disclaims any vigilant or requirement to correct or refurbish these forward-looking statements.

 

INVESTOR CONTACT: 
Geoff O'Brien
Vice President
MediciNova, Inc.
info@medicinova.com

source ⦿ http://globenewswire.com/news-release/2015/12/06/793214/0/en/MediciNova-Announces-Presentation-Regarding-Clinical-Trial-of-MN-166-ibudilast-in-ALS-at-the-6th-Annual-California-ALS-Pac10-and-Research-Network-Meeting-at-UCSD-La-Jolla-Californi.html

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