Acadia complements Amarin

Published: 28-Jul-2003


Amarin Corporation has confirmed that its Swedish subsidiary, Amarin Development AB, has been engaged to provide pharmaceutical formulation and manufacturing services for Acadia Pharmaceuticals, based in San Diego, California and Copenhagen, Denmark.  The deal centres on the continued development of Acadia's small molecule drug candidate ACP-103, currently in Phase I clinical studies.  Acadia intends to utilize Amarin's services in connection with additional clinical studies planned for ACP-103 for the treatment of neuropsychiatric and neurological disorders.

Rick Stewart, ceo of Amarin, commented on the successful deal; 'The selection of Amarin Development by Acadia to provide these services underscores our strengthened position as a global product development company.  This agreement additionally makes use of Amarin's expertise in neurology and complements the research and development activities of Amarin Pharmaceuticals Inc. in the US, making this a particularly attractive signing.'

About ACP-103

ACP-103 is initially being pursued as a therapy for treatment-induced dysfunctions in Parkinson's disease, an indication that lacks adequate drug therapy.  Due to its unique profile, ACP-103 may also have broad utility in a range of other important indications.  ACP-103 is a proprietary small molecule that acts as a selective inverse agonist at the 5-HT2A receptor.

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