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NTG Nordic Transport Group M&A Activity 2012

Oct 23, 2012

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Announcement
23.10.2012

At the company's Extraordinary General Meeting today, the sale of Huntexil® to
Teva Pharmaceutical Industries Ltd. through the fully owned affiliate Ivax
International GmbH was approved by the general meeting.

The obtained approval from NeuroSearch shareholders is one of several
conditions for the sale of Huntexil®. NeuroSearch will inform the market as
soon as the transaction with Teva has been fully completed.

René Schneider
CEO

Contact person:
René Schneider, CEO, telephone: +45 4460 8700 or +45 2911 2097

About NeuroSearch
NeuroSearch A/S (NEUR) is a European-based biopharmaceutical company
specialising in CNS diseases. The company is listed on NASDAQ OMX Copenhagen
A/S. The company’s product pipeline comprises Huntexil® for the treatment of
motor symptoms in patients with Huntington's disease and ordopidine and
seridopidine, both of which have completed phase I studies as well as
tesofensine for anti-obesity, which is currently in phase II.