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Memory Pharma says bipolar disorder drug fails trail

Mon Mar 5, 2007 6:00am EST
 
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March 5 (Reuters) - Memory Pharmaceuticals Corp. (MEMY.O: Quote, Profile, Research, Stock Buzz) said its experimental drug for treating acute mania in bipolar disorder proved ineffective in a mid-stage trial.

However, the company will go ahead with its trials of the drug for use in Alzheimer's disease, it said in a statement.

(Reporting by Anant Vijay Kala in Bangalore)

((Editing by Anil Kumar; Reuters Messaging: anant.kala.reuters.com@reuters.net; within U.S. +1 646 223 8780; outside U.S. +91 80 4135 5800)) Keywords: MEMORY DRUG/

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