*24 Nov 2011*

*Jerusalem*: A leading drug company of Israel said it will soon commence
the clinical trial for treatment of Schizophrenia in India after it
received approval from authorities.

Indian regulatory authorities and Indian local ethics committees have given
their approval to BiolineRX Limited to commence the clinical trial of
BL-1020, a first in class molecule, orally available GABA-enhanced
anti-psychotic for the treatment of Schizophrenia, business daily Globes
reported.

"The approval to commence the trial in India represents an important
milestone in the progress of the BL-1020 CLARITY trial... The trial, if
successful, will support BL-1020's unique potential as an anti-psychotic
therapy that also improves cognition," Bioline CEO, Dr Kinneret Savitsky,
was quoted as saying by the daily.

The company is looking forward to announcing top-line results from the
trial in early 2013, Savitsky said.

Bioline said initiation visits at the Indian clinical research centres will
be completed this month and the first patient is likely to be enrolled by
December. The trial is expected to be conducted at 18 sites in India.

The CLARITY trial is a randomised, double-blinded, positive-controlled
study that will enroll up to 450 patients experiencing an acute
exacerbation of Schizophrenia.
The goal of the study is to determine the short and long-term cognitive
efficacy as well as the anti-psychotic efficacy, safety and tolerability of
BL-1020 in Schizophrenic patients over periods of six, 12 and 24 weeks, the
daily said in its report.

http://zeenews.india.com/news/nation/israeli-firm-to-hold-clinical-trial-in-india_743544.html

Further details / contacts available here
http://www.biolinerx.com/default.asp?pageid=16&itemid=96

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