Vernalis up as Parkinson's drug passes safety trial

The drug development firm Vernalis has reported a successful outcome in Phase I trials of its V81444 treatment that may be useful in the fight against Parkinson's disease.

The drug development firm Vernalis has reported a successful outcome in Phase I trials of its V81444 treatment that may be useful in the fight against Parkinson's disease.

The double-blind, placebo-controlled study showed "a wide range of doses were found to be well tolerated with no unexpected safety findings."

The focus now shifts to a "receptor occupancy" study, scheduled to start in the second half of 2012.

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By 11:19 Vernalis shares had risen 1.4%.

BS