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Friday, 10/09/2009 8:32:47 AM

Friday, October 09, 2009 8:32:47 AM

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NEWS!! I told you someone was working there!
Applied NeuroSolutions Updates Promising Results for a Blood-Based Test for Alzheimer's DiseaseBY Business Wire
— 5:33 PM ET 10/08/2009
VERNON HILLS, Ill.--(BUSINESS WIRE)-- Applied NeuroSolutions, Inc. (APSN



) (www.AppliedNeuroSolutions.com), a biotechnology company focused on the development of products for the early diagnosis and treatment of Alzheimer's disease ("AD"), today confirmed, as previously disclosed in July 2009, that it has achieved sufficient analytical sensitivity to detect tau in serum patient samples. This is a key step in the development of a blood-based test to detect AD at an early stage. Based on a further analysis of the preliminary data, the Company believes additional development of the assay, including optimization and validation in key patient population groups, is necessary to determine the specific sensitivity and specificity performance of the assay. The Company is currently raising funds to support continued development and commercialization of this blood-based Alzheimer’s test.

Applied NeuroSolutions, Inc. (APSN



) also announces the Company website has been updated, including a current Corporate Presentation.

About Applied NeuroSolutions (APSN

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Applied NeuroSolutions, Inc. (APSN

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) is developing diagnostics and therapeutics to detect and treat Alzheimer's disease (AD) building on discoveries originating from the Albert Einstein College of Medicine. Applied NeuroSolutions (APSN

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) is in a collaboration with Eli Lilly and Company to develop novel therapeutic compounds to treat the progression of AD. For its diagnostic pipeline, Applied NeuroSolutions (APSN

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) is focused on both cerebrospinal fluid (CSF) and serum tests to detect AD at a very early stage. The CSF based P-Tau 231 test now being offered for use in clinical trials can effectively differentiate AD patients from those with other neurological diseases that have similar symptoms. There is currently no FDA approved diagnostic test to detect AD. Alzheimer's disease currently afflicts over five million Americans, and the world market for AD therapy is currently estimated to be nearly 30 million patients. For more information, visit www.AppliedNeuroSolutions.com

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