Intec Pharma (NTEC) Enters Agreement with Michael J. Fox Foundation to Support Trial Recruitment

November 28, 2016 7:31 AM EST
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Intec Pharma Ltd. (Nasdaq: NTEC) entered into an agreement with the Michael J. Fox Foundation for Parkinson's Research (MJFF) to support patient recruitment and retention support for the Intec Pharma's pivotal Phase III clinical trial of its lead product candidate, the Accordion Pill Carbidopa/Levodopa, or AP-CD/LD, for the treatment of Parkinson's disease symptoms in advanced Parkinson's disease patients, which began enrolling participants in April 2016.

MJFF is the largest non-profit funder of Parkinson's research with a mission to accelerate the development of new therapies and a cure for Parkinson's disease. Previously, the foundation supported Intec Pharma with a $705,000 grant to fund a pre-clinical study of AP-CD/LD.

"We are honored and pleased to collaborate with the foundation on our Phase III trial recruitment activities," said Zeev Weiss, Intec Pharma's Chief Executive Officer. "MJFF is one of the most well-respected research organizations dedicated to the development of improved therapies for Parkinson's patients. The foundation's long-term experience in the field and close connections with the patient community are especially valuable and will further support and enhance the conduct of our Phase III study for the benefit of the entire patient population."

"Additional options to treat the motor symptoms of Parkinson's would have a significant impact on the millions living with this disease," said Catherine Kopil, PhD, MJFF director of research partnerships. "Leveraging our Foundation's tools and best practices to encourage participant enrollment in Intec Pharma's AP-CD/LD study will accelerate testing of this potential therapy."

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