NEU 3.50% $14.05 neuren pharmaceuticals limited

We also had a 40% rise in November prior to the Phelan-McDermid...

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    We also had a 40% rise in November prior to the Phelan-McDermid Syndrome results which were positive, but the company has been saying for some time that NNZ-2591 is the better compound, and these are open label compared to NNZ-2256 which was a blinded placebo-controlled trial in Phase-2. It shows that the preclinical data is stronger, and the company wants to accelerate the pathway to a registrational study that is placebo and double blinded. It is a bold move because the Placebo affect could impact the P3 but the company thinks the efficacy data is strong enough to warrant this for an accelerated development time.
 
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