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Pharmidex and FAN establish a co-marketing agreement

London, March 29, 2006. Pharmidex Pharmaceutical Services Ltd (Pharmidex), a UK based company, and the German company FAN GmbH (FAN) are pleased to announce the establishment of a Co-Marketing Agreement. Both companies focus on providing solutions to facilitate the discovery and development of new medicines for disorders of the central nervous system (CNS). Under the collaborative agreement, both Pharmidex and FAN will promote each other’s existing offerings. Formed by Drs Alan Palmer and Mohammad Alavijeh, Pharmidex is a solution provider in brain medicines research with leading-edge expertise in the prediction and assessment of the ability of compounds to cross the barrier between blood and brain. FAN is a preclinical and clinical contract research organization, which focuses on central nervous system drug target discovery, especially in the fields of stroke, Alzheimer's disease and brain stem cells. FAN’s co-founder and Director Professor Klaus Reymann said “our Co-Marketing Agreement will deliver substantial benefits to both FAN and Pharmidex. It allows our two companies to co-promote our respective offerings and thus provide a more comprehensive service to our customers.” The initial contact between Pharmidex and FAN was brokered by DTI International Technology Promoter, Philip Oliver, as a result of his knowledge of the complementary technologies offered by both companies Pharmidex’s Chief Executive Officer Dr Alan Palmer said: “We are delighted to collaborate with FAN in this way. We have very complementary offerings that and look forward to a fruitful relationship. By working together, we will effectively provide solutions to drug discovery companies worldwide in order to improve the productivity of their CNS drug discovery programmes.”

Genzyme Pharmaceuticals and Pharmidex form Collaboration to Help Improve Treatments for Central Nervous System Disorders

CAMBRIDGE, Mass. and LONDON, UK, March 28, 2006 – Genzyme Pharmaceuticals, a business unit of Genzyme Corp., and Pharmidex Pharmaceutical Services of London today announced a new collaboration designed to help improve the development of drug candidates that target the central nervous system (CNS). Combining drug delivery technology from Genzyme Pharmaceuticals and the specialized CNS expertise of Pharmidex, the companies today launched CERENSESM, a product development platform designed to substantially improve the development success of CNS medicines that normally exhibit poor permeation of the barrier that exists between the blood and brain (the BBB), and open potential new avenues for CNS medicines research. The collaboration was announced at the CNS Diseases Congress today in Boston. "We are delighted to work with Pharmidex to create a platform that we believe will have a meaningful impact on the creation of new drugs for central nervous system disorders,” said Dan Hayden, Senior Vice President and General Manager of Genzyme Pharmaceuticals. “CERENSESM has real potential to reduce the cost, time to market, and risk inherent in developing products for the central nervous system.” ”The World Health Organization has indicated that CNS disorders are the major medical challenge of the 21st Century” said Alan Palmer, Chief Executive of Pharmidex, “yet treatments for most CNS disorders are either inadequate or absent. CNS is the most challenging frontier for drug discovery largely because of the complexity of the brain and the existence of the BBB. CERENSESM will greatly help the development and provision of new, safe and effective medicines for CNS disorders such as Alzheimer’s disease and Parkinson’s disease.” CERENSESM incorporates Genzyme Pharmaceuticals’ LipoBridge™ technology for delivery of drug candidates into the central nervous system with customized in vitro, ex vivo and in vivo assessments of BBB permeation from Pharmidex, which provide measurements of the ingress, distribution and pharmacokinetics of lead compounds in the brain. CERENSESM can take a non-or poorly-penetrant lead compound and establish a comprehensive set of data to demonstrate that it gets into the brain where it is able to interact with its molecular target and produce the desired therapeutic benefit.

Pharmidex contributes to a major CNS Diseases Congress in USA

Pharmidex is presenting and exhibiting at CNS Diseases Congress 2006 from 27-28 March which is taking place in Boston-USA. This CNS Diseases Congress will feature presentations from industrial and academic researchers from around the world who are making important contributions to the current body of knowledge in the CNS Disorders area. Along with the latest approaches and technologies to the discovery and development of CNS drugs, this congress will highlight the latest research in the areas of psychiatric disorders, CNS and Alzheimer’s dementia. “Pharmidex focuses on the prediction and assessment of the ability of potential new medicines to cross the permeability barrier between blood and brain – the blood-brain barrier (BBB)” said Dr Alan Palmer,. Pharmidex’s Chief Executive Officer, “so we add value to all CNS drug discovery programs” He will elaborate further during his presentation, which is entitled: ‘Blood-Brain Barrier (BBB) solutions to Facilitate and Accelerate CNS Medicines Research’.

For further information please visit conference organiser website:
http://www.srinstitute.com/conf_page.cfm?instance_id=27&web_id=798&pid=406


Strand And Pharmidex To Collaborate To Produce A New In Silico Technology For CNS Drug Discovery

London, England [Feb 20, 2006] Pharmidex, a world leader in assessing the ability of compounds to cross the blood-brain barrier (BBB), announced today that it has entered into a collaboration with Strand Life Sciences, a premier in silico technologies innovation company,
Both companies focus on providing solutions to facilitate the discovery and development of new medicines. Under the collaborative agreement both Strand and Pharmidex will promote each others existing offerings and will jointly develop new software to predict the ability of compounds to cross the BBB. This effectively combines the in silico expertise of Strand with the BBB-focused offering of Pharmidex, which includes in vitro, ex vivo and in vivo (NeuroPK®) methodologies.
“CNS is a challenging area and this collaboration gives us access to data that can be used to build good predictive models” said Kas Subramanian, CSO of Strand Life Sciences. “We will be building predictive models for BBB based on in vitro and ex vivo data generated by Pharmidex. This will also help expand our pre-built ADME model suite in our product admetis.”
Current software models to predict BBB penetration are not informed by a consistent set of experimental data, which means that their use is limited. “By providing a consistent set of data, we will work with Strand to produce the world’s best software package to predict the ability of compounds to cross the BBB “said Mohammad Alavijeh, CSO of Pharmidex. “The new software will have immense value to all companies engaged in CNS drug discovery and also helps non-CNS drug discovery, where knowledge that compounds do not cross the BBB reduces the likelihood that lead compounds will be associated with CNS side-effects”.

Neurosolutions And Pharmidex Enter Co-Marketing Agreement

NeuroDiscovery Ltd (NeuroDiscovery) (ASX Code:NDL), a neurology-focused biotechnology research and development company and its 100 per cent subsidiary, NeuroSolutions Ltd (NeuroSolutions), are pleased to announce the establishment of a Co-Marketing Agreement with Pharmidex Pharmaceutical Services Ltd (Pharmidex).
Under the Agreement, NeuroSolutions and Pharmidex will co-operate with each other to identify, develop and exploit new business opportunities for each other and provide introductions and referrals in relation to the services provided by both parties.
The Agreement will be mutually beneficial for both companies as it makes financial and commercial sense for NeuroSolutions and Pharmidex to co–promote each other’s companies.
In addition, the Agreement is expected to assist in raising the profile of both companies in the biopharmaceutical sector, potentially leading to additional clients and collaborations.
Pharmidex is a solution provider in brain medicines research with leading-edge expertise in the prediction and assessment of the ability of compounds to cross the barrier between blood and brain. NeuroSolutions’ Chief Executive Officer Dr Alistair Dixon said the Co-Marketing Agreement would deliver substantial benefits to both parties. “There is an enormous amount of synergy between our organisations, and this is a great opportunity to increase the profile and client base of both of our organisations, and deliver world class neurological drug discovery solutions.”
Pharmidex’s Chief Executive Officer Dr Alan Palmer said: “We are delighted to collaborate with NeuroSolutions in this way. It takes longer to get a drug targeting a brain disorder to market than any other type of medicine and the chances of getting to market are substantially lower than for other indications. It is therefore essential that pharmaceutical companies utilise the innovation that exists in small to medium sized biotechnology companies as part of the solution to improve the productivity of drug discovery. Both NeuroSolutions and Pharmidex believe we can assist in this process and plan to start cross promotion of our capabilities.”

Pharmidex in contributes to a major drug Screening conference in Europe

Pharmidex is presenting and exhibiting at Screening Europe 2006 from 20-22 February which is taking place in Prague-Czech Republic. The conference will be held in parallel with MedChem Europe allowing delegates to network with colleagues from this closely allied field. Screening Europe 2005 is the largest annual European conference dedicated to all aspects of biomolecular screening. “We have technologies and offerings that make the life of a medicinal chemist much easier’ said Dr Mohammad Alavijeh, Pharmidex’s Chief Scientific Officer. Dr Alavijeh will be explaining more in his presentation entitled ‘CNS Drug Discovery: Challenges and Solutions’.

 
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