Article: Alzheimer's Drug Moving Ahead Positively, Boosting Elan's Stock.

Washington Editor

Partners Elan Corp. plc and Wyeth said they plan to begin Phase III testing of their lead immunotherapeutic candidate bapineuzumab (AAB-001) for mild to moderate Alzheimer's disease in the second half of this year, boosting excitement around the disease-modifying agent.

Company officials declined to comment beyond a joint press release that said the decision to advance the program reflects findings from a scheduled interim look at an ongoing Phase II study, which remains blinded, as well as the totality of what they've learned from their immunotherapy programs and the severity of the disease. Reading between the lines, there's clearly ...

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