NeuroTherapeutics Pharma Appoints Dr. Corey Goodman to Its Board of Directors

* Reuters is not responsible for the content in this press release.

Mon Oct 5, 2009 8:11am EDT

CHICAGO--(Business Wire)--
NeuroTherapeutics Pharma, Inc., or NTP, a biopharmaceutical company focused on
developing novel therapies for central nervous system (CNS) disorders, today
announced the appointment of Corey S. Goodman, Ph.D., to its Board of Directors.


"Dr. Goodman is a highly respected veteran in the biotechnology industry, and
his addition to the NeuroTherapeutics Board will be extremely valuable as we
advance our lead compounds in epilepsy, neuropathic and acute pain, and other
disorders of the nervous system," said Dr. Stephen D. Collins, Chief Executive
Officer of NeuroTherapeutics Pharma. 

Dr. Goodman was most recently President of Pfizer's Biotherapeutics and
Bioinnovation Center and a member of its Executive Leadership Team. He
previously co-founded Exelixis and was the co-founder, President and CEO of
Renovis, which was acquired by Evotec. Dr. Goodman was previously a Professor at
Stanford University and U.C. Berkeley, where he served as the Evan Rauch
Professor of Neuroscience, the Director and co-founder of the Wills Neuroscience
Institute, and an Investigator with the Howard Hughes Medical Institute. Dr.
Goodman is an elected member of the National Academy of Sciences and the
recipient of the Alan T. Waterman Award, the Gairdner Foundation International
Award for Achievement in Medical Sciences, and the March-of-Dimes Prize in
Developmental Biology. 

"NTP has developed a novel platform with a unique and highly specific mechanism
of action. The preclinical efficacy across multiple models is extremely
encouraging, and the safety profile looks clean. These data set the stage for a
series of clinical candidates which could have tremendous impact for patients,
and given the new mechanism, provide a whole new generation of therapeutics. I`m
excited to help them," said Dr. Goodman. 

Dr. Heath Lukatch, Chairman of the Board of NeuroTherapeutics, stated, "Dr.
Goodman brings tremendous experience in both neuroscience and biotechnology. His
advice and guidance will be of great value to the company as NTP begins clinical
development of its revolutionary lead compound for the treatment of epilepsy and
pain disorders." 

About NeuroTherapeutics Pharma

NeuroTherapeutics Pharma is a privately held life sciences company which is
focused on the discovery and development of novel therapeutics for patients
suffering from CNS disorders. NTP will file an IND for its lead compound,
NTP-2014, in the first quarter of 2010. The compound has exhibited excellent
efficacy results in multiple models of epilepsy, chronic neuropathic pain and
acute pain. NTP-2014 also has demonstrated a very favorable safety profile in
the IND-enabling (GLP) subchronic toxicology studies. 

NTP is financially backed by Novo Ventures and Thomas, McNerney and Partners.
The company is led by a strong management team with significant drug development
experience in the CNS space. Collectively, the team has filed over 15 INDs and
has obtained approval for eight NDAs. The company is currently raising its
Series B financing, which will advance NTP-2014 through multiple
proof-of-concept Phase II trials and further develop a pipeline to expand this
new class of therapy. Additional information can be found at the company's
website: www.ntprx.com.

NeuroTherapeutics Pharma
Brian Williams
VP Corporate Development & Finance
(773) 444-4181
bwilliams@ntprx.com



Copyright Business Wire 2009

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