Targacept, AstraZeneca initiate trial of potential Alzheimer's drug

Date : 07/23/2007 @ 9:38AM
Source : TFN
Stock : Targacept Inc (TRGT)
Quote : 9.48  -0.47 (-4.72%) @ 5:30PM
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Targacept, AstraZeneca initiate trial of potential Alzheimer's drug

        LONDON (Thomson Financial) - US biopharmaceutical Targacept Inc said it and
strategic partner AstraZeneca PLC have initiated a Phase IIb clinical trial of
AZD3480 as a potential treatment for Alzheimer's disease.
    Targacept said the trial is expected to complete by the end of 2008 and that
AstraZeneca will also begin a Phase IIb trial of AZD3480 as a potential
treatment for cognitive deficits in schizophrenia in August this year.  
tf.TFN-Europe_newsdesk@thomson.com
wj

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