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Neoprobe (NEOP) In-Licenses AZD4694 to AstraZeneca (AZN)

December 12, 2011 4:32 PM EST
Neoprobe Corporation (AMEX: NEOP) has in-licensed the worldwide exclusive rights from AstraZeneca (NYSE: AZN) to the late-stage radiopharmaceutical imaging candidate, AZD4694, for aiding the diagnosis of Alzheimer’s disease (AD).

AZD4694 is a Fluorine-18 labeled precision radiopharmaceutical candidate for use in the imaging and evaluation of patients with signs or symptoms of cognitive impairment such as AD. It binds to Beta-amyloid deposits in the brain that can then be imaged in positron emission tomography (PET) scans. Amyloid plaque pathology is a required feature of AD diagnosis and the presence of amyloid pathology is a supportive feature for diagnosis of probable AD. Patients who are negative for amyloid pathology do not have AD.


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