TR ONE-News: Addex to Present in NYC at the Newsmakers in the Biotech Industry conference hosted by BioCentury and Thomson Reuters

Addex to Present in NYC at the Newsmakers in the Biotech Industry conference hosted by BioCentury and Thomson Reuters

Addex Pharmaceuticals /

Addex to Present in NYC at the Newsmakers in the Biotech Industry conference

hosted by BioCentury and Thomson Reuters

. Verarbeitet und übermittelt durch Thomson Reuters ONE.

Für den Inhalt der Mitteilung ist der Emittent verantwortlich.

Geneva, Switzerland, October 19, 2011 - Addex Pharmaceuticals (SIX:ADXN), a

leading biopharmaceutical company pioneering allosteric modulation-based drug

discovery and development, announced today that Dr. Bharatt Chowrira, CEO of

Addex, will provide an update on the Company at the Newsmakers in the Biotech

Industry conference in the Millennium Broadway Hotel, New York on October

21, 2011. Dr. Chowrira will present at 11 am in Room 402/403.

Addex Pharmaceuticals (www.addexpharma.com) discovers and develops an emerging

class of small molecule drugs, called allosteric modulators, which have the

potential to be more specific and confer significant therapeutic advantages over

conventional 'orthosteric' small molecule or biological drugs. The Company uses

its proprietary discovery platform to address receptors and other proteins that

are recognized as attractive targets for modulation of important diseases with

unmet medical needs. The Company's two lead products are being investigated in

Phase IIa clinical testing: dipraglurant (ADX48621, an mGluR5 negative

allosteric modulator or NAM) is being developed by Addex to treat Parkinson's

disease levodopa-induced dyskinesia (PD-LID); and ADX71149 (mGluR2 positive

allosteric modulator or PAM) is being developed by our partner Janssen

Pharmaceuticals Inc. to treat schizophrenia. Addex also is advancing several

preclinical programs including: GABA-BR PAM for pain, overactive bladder and

other disorders; mGluR4 PAM for Parkinson's, anxiety and other diseases; GLP1R

PAM for type 2 diabetes; mGluR2 NAM for treating Alzheimer's disease and

depression; and FSHR/LHR NAM for sex hormone dependent tumors & reproductive

system disorders. In addition, Addex has discovery programs to identify

allosteric modulators of: receptor tyrosine kinase (RTK) superfamily, including

TrkB PAM for treating neurodegenerative diseases (e.g. Alzheimer's, Parkinson's

and Huntington's diseases); and TNF receptor superfamily, including TNFR1 NAM

for inflammation (e.g. rheumatoid arthritis) and other diseases.

Chris Maggos

Business Development & Communication

Addex Pharmaceuticals

+41 22 884 15 11

chris.maggos(at)addexpharma.com

Disclaimer: The foregoing release may contain forward-looking statements that

can be identified by terminology such as 'not approvable', 'continue',

'believes', 'believe', 'will', 'remained open to exploring', 'would', 'could',

or similar expressions, or by express or implied discussions regarding Addex

Pharmaceuticals Ltd, its business, the potential approval of its products by

regulatory authorities, or regarding potential future revenues from such

products. Such forward-looking statements reflect the current views of Addex

Pharmaceuticals Ltd regarding future events, future economic performance or

prospects, and, by their very nature, involve inherent risks and uncertainties,

both general and specific, whether known or unknown, and/or any other factor

that may materially differ from the plans, objectives, expectations, estimates

and intentions expressed or implied in such forward-looking statements. Such may

in particular cause actual results with allosteric modulators of mGluR2, mGluR4,

mGluR5, GABABR,  FSHR/LHR, GLP1R,  TNFR1, RTK, TrkB or other therapeutic targets

to be materially different from any future results, performance or achievements

expressed or implied by such statements. There can be no guarantee that

allosteric modulators of mGluR2, mGluR4, mGluR5, GABABR, FSHR/LHR, GLP1R, TNFR1,

RTK, TrkB or other therapeutics targets will be approved for sale in any market

or by any regulatory authority. Nor can there be any guarantee that allosteric

modulators of mGluR2, mGluR4, mGluR5, GABABR, FSHR/LHR, GLP1R, TNFR1, RTK, TrkB

or other therapeutic targets will achieve any particular levels of revenue (if

any) in the future. In particular, management's expectations regarding

allosteric modulators of mGluR2, mGluR4, mGluR5, GABABR, FSHR/LHR, GLP1R, TNFR1,

RTK, TrkB or other therapeutic targets could be affected by, among other things,

unexpected actions by our partners, unexpected regulatory actions or delays or

government regulation generally; unexpected clinical trial results, including

unexpected new clinical data and unexpected additional analysis of existing

clinical data; competition in general; government, industry and general public

pricing pressures; the company's ability to obtain or maintain patent or other

proprietary intellectual property protection. Should one or more of these risks

or uncertainties materialize, or should underlying assumptions prove incorrect,

actual results may vary materially from those anticipated, believed, estimated

or expected. Addex Pharmaceuticals Ltd is providing the information in this

press release as of this date and does not undertake any obligation to update

any forward-looking statements contained in this press release as a result of

new information, future events or otherwise, except as may be required by

applicable laws.

--- Ende der Mitteilung ---

Addex Pharmaceuticals

12, chemin des Aulx Plan-les-Ouates; Geneva Schweiz

ISIN: CH0029850754;

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originality of the information contained therein.



Source: Addex Pharmaceuticals via Thomson Reuters ONE

[HUG#1556042]

http://www.addexpharma.com