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United Press International, April 13, 2006
Cortex said Thursday it is meeting with the FDA on concerns
regarding animal studies of Ampakine, a potential Alzheimer's
drug.
The Food and Drug Administration put a hold on Cortex's clinical
trial of the drug April 3, a move associated with agency concerns
about an investigational drug's safety.
The company said Thursday that it has received a follow-up letter
from the Food and Drug Administration outlining the work the company
must complete to have the clinical hold removed.
Cortex said it plans to discuss the issues raised in the letter
with agency officials "to translate the request into specific
acute preclinical studies" related to FDA's concerns and
recommendations.
"Cortex is going to cooperate fully with the FDA and work
diligently to address its concerns. After the FDA and Cortex have
agreed upon a plan of work, the Company will inform shareholders
of both the scope of the work involved and the anticipated timeframes
for completing such studies," the company said in a statement.
Ampakine is aimed at increasing the strength of signals at connections
between brain cells, connections that are believed to deteriorate
in people with Alzheimer's disease. This neurotransmitter breakdown
causes problems with memory and behavior in these patients.
Last year scientists at Wake Forest University Baptist Medical
Center said that primate studies of Ampakine showed the drug improved
cognitive performance and also reversed the deleterious effects
of sleep deprivation.
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