NeuroSearch announces the date for its 2008 first half-year interim report and related telephone conference

Investor News                                                                   


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| NeuroSearch announces the date for its 2008 first half-year interim report   |
| and related telephone conference 
                                           
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| NeuroSearch's (NEUR.CO) interim report for the first half-year 2008 will be  |
| on the agenda of a board meeting scheduled for 27 August 2008 and be         |
| released immediately hereafter.  
                                            
| On the same day, a telephone conference will be held at 3 pm Copenhagen time |
| (2 pm London time, 9 am New York time). Flemming Pedersen, CEO, Anita        |
| Milland, Vice President, CFO and Hanne Leth Hillman, Vice President,         |
| Director of IR & Corporate Communications, will present the interim report   |
| and answer questions. The telephone conference will be conducted in English  |
| and the telephone number is +44 (0)20 7162 0025. The corresponding           |
| PowerPoint presentation will be available at www.neurosearch.com after the   |
| release of the report.    
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| Contact person: | Hanne Leth Hillman                                         |
|                 | Vice President, Director of IR & Corporate Communications  |
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| Telephone:      | +45 4017 5103   
                                
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| NeuroSearch (NEUR.CO) is a Scandinavian biopharmaceutical company listed on  |
| the OMX Nordic Exchange Copenhagen A/S. The company's core business covers   |
| the development of novel drugs, based on a broad and well-established drug   |
| discovery platform focusing on ion channels and CNS disorders. A substantial |
| share of its activities is partner financed through a broad alliance with    |
| GlaxoSmithKline (GSK) and collaborations with, among others, Abbott and      |
| Astellas. NeuroSearch's drug pipeline comprises 14 clinical (Phase I-III)    |
| development programmes: ACR16 for Huntington's disease (Phase III),          |
| tesofensine for obesity and in Type 2 diabetes (Phase III in preparation),   |
| NS2359 for depression (Phase II) and ADHD (Phase II) in partnership with     |
| GSK, ABT-894 for ADHD (Phase II) and pain (Phase II) in partnership with     |
| Abbott, ACR16 for schizophrenia (Phase I) in partnership with Astellas,      |
| ACR325 for Parkinson's disease (Phase II in preparation) and bipolar         |
| disorder (Phase II in preparation), ABT-107 and ABT-560 for the treatment of |
| various CNS disorders - both (Phase I) in collaboration with Abbott, NSD-644 |
| for pain (Phase I) in partnership with GSK, ACR343 for Parkinson's disease   |
| (Phase I) and NSD-788 for anxiety/depression (Phase I). In addition,         |
| NeuroSearch has a broad portfolio of preclinical drug candidates and holds   |
| equity interests in several biotech companies.                               |
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