LA JOLLA, CA, USA I August 18, 2014 I MediciNova, Inc. a biopharmaceutical company traded on the NASDAQ Global Market (MNOV) and the JASDAQ Market of the Tokyo Stock Exchange (Code Number: 4875), today announced positive interim results of a Phase 2a clinical trial of MN-166 (ibudilast) in opioid dependence. The study is being conducted at Columbia University and the New York State Psychiatric Institute and led by Dr. Sandra Comer, Professor of Neurobiology. The interim analysis was performed after the first seven patients had completed the study, which required a 6-week stay on the inpatient unit.

MN-166 (ibudilast) demonstrated a number of beneficial effects on the subjective, analgesic, and reinforcing effects of oxycodone. MN-166 significantly decreased the craving for heroin (p<0.05), cocaine (p<0.05), and tobacco (p<0.05). MN-166 also decreased the positive subjective effects of oxycodone measured by mean responses to statements such as “I Feel High” (p<0.05) and “I Liked the Dose” (p<0.05). MN-166 also enhanced the analgesic effects of oxycodone. MN-166 reduced the sum score on the McGill Pain Questionnaire, reduced the mean rating on the Painful scale, and reduced the mean rating on the Bothersome scale (p<0.05). Finally, MN-166 decreased the reinforcing effects of oxycodone.

Dr. Comer, principal investigator, commented, “We are excited to report these interim findings, and look forward to completion of the study and moving on to the next clinical trial of ibudilast.” Yuichi Iwaki, MD, PhD, President and Chief Executive Officer of MediciNova, Inc., commented “We are very pleased with the results of the interim analysis. We believe the craving data is particularly important, as it establishes that ibudilast has potential to be used as a long-term therapy to prevent relapses in recovering opioid-dependent patients.” Dr. Iwaki further commented, “This data is complementary to the data from our previous study in heroin abusers, in which ibudilast demonstrated a reduction in withdrawal symptoms. The data also confirms the positive effects of ibudilast on analgesia which we have seen in a previous study.”

About the Trial

The study is a randomized, placebo-controlled, double-blind, inpatient Phase 2a study of MN-166 (ibudilast) in opioid-dependent abusers of prescription opioids and/or heroin. The study duration is approximately 6 weeks per subject. The crossover study design includes initial detoxification followed by randomization to ibudilast 50 mg BID or placebo. Subjects are maintained on each dose for at least 2-3 consecutive weeks (1 week stabilization + 1.5 week testing). During test weeks, participants receive oxycodone (0, 15, or 30 mg PO) in random order on separate days. For each dose, a sample followed by a choice session is completed. During the choice session, a drug versus money self-administration paradigm is employed. The primary aim of the study is to investigate the ability of MN-166 to alter the reinforcing, analgesic, subjective, performance, and physiological effects of oxycodone, a commonly abused prescription opioid.

About MN-166 (ibudilast)

MN-166 has been marketed in Japan and Korea since 1989 to treat cerebrovascular disorders, including post-stroke complications, and bronchial asthma. MediciNova licensed MN-166 (ibudilast) from Kyorin Pharmaceutical for potential utility in MS. Intellectual property was additionally established or obtained by MediciNova in drug addiction, progressive MS and other neurological conditions. MN-166 (ibudilast) is a first-in-class, orally bioavailable, small molecule phosphodiesterase (PDE)-4 and -10 inhibitor and a macrophage migration inhibitory factor (MIF) inhibitor that suppresses pro-inflammatory cytokines including IL-1β, TNF-α, and IL-6, and which upregulates the release of the anti-inflammatory cytokine IL-10 and neurotrophic factors such as NGF and GDNF. It attenuates the activation of brain glial cells in certain neurological conditions. Ibudilast’s anti-neuroinflammatory and neuroprotective actions have been demonstrated in preclinical and clinical study results and provide the rationale for its therapeutic utility in progressive MS, drug addiction, and chronic neuropathic pain.

About MediciNova

MediciNova, Inc. is a publicly-traded biopharmaceutical company founded upon acquiring and developing novel, small-molecule therapeutics for the treatment of diseases with unmet medical needs with a commercial focus on the U.S. market. MediciNova’s current strategy is to focus on MN-166 (ibudilast) for neurological disorders, MN-221 for the treatment of acute exacerbations of asthma, and MN-001 for NASH and IPF. MN-166 is being developed in multiple indications, largely through investigator-sponsored trials and outside funding. MediciNova is engaged in strategic partnering discussions to support further development of its programs. For more information on MediciNova, Inc., please visit www.medicinova.com.

SOURCE: MediciNova