Neurobiological Technologies' Partner, Celtic Pharma, Provides Update on XERECEPT(R) Clinical Program and Planned Sa...(ke. Acute ischemic stroke is one of the ...)

Date:12/16/2008

ke. Acute ischemic stroke is one of the most prevalent, debilitating and costly diseases in the world for which there are few acceptable treatment options. NTI also has early-stage development programs for Alzheimer's and Huntington's diseases and rights to receive payments on an approved drug for Alzheimer's disease and an investigational drug in Phase 3 trials for brain swelling.

NOTE: Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties, including uncertainties regarding the development and/or sale of XERECEPT(R) by Celtic, the development of Viprinex for acute ischemic stroke by NTI, delays or other problems with our clinical trials, the outcome of the Viprinex interim analysis, the time and costs for obtaining approval for drugs under development, including Viprinex and XERECEPT(R), and levels of future expenditures and capital resources needed to fund operations, as well as other risks detailed from time to time in our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K, as updated periodically in Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Actual results may differ materially from those projected. These forward-looking statements represent our judgment as of the date of the release and we undertake no obligation to update these forward-looking statements.

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SOURCE Neurobiological Technologies, Inc. Copyright©2008 PR Newswire. All rights reserved

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