Developer of New Treatment for Severe Asthma Episodes Expects Phase 2 Clinical Trial Results Soon

LOS ANGELES, CA--(Marketwire -04/19/12)- In an exclusive Expert Briefing at BioMedReports, Yuichi Iwaki, M.D., Ph.D., the Founder, President and Chief Executive Officer of MediciNova, Inc. (NASDAQ: MNOV - News) tells investors about a promising treatment approach aimed at meeting the need for novel treatments for patients suffering from acute exacerbations of asthma (AEA), a long-lasting and severe form of asthma episode in which symptoms are unresponsive to initial bronchodilator or corticosteroid therapy.

Some staggering statistics show that AEA episodes account for more than 1.5 million annual emergency room visits in the U.S. alone, and no new options have been introduced in the emergency setting during the past two decades. The lack of treatment options and increasing costs represent an urgent need for innovative approaches.

MediciNova's intravenous administration of bedoradrine sulfate, a novel, highly selective beta(2)-adrenergic receptor agonist is discussed in the exclusive report which can be read at: http://www.biomedreports.com/2012041993038/a-new-approach-to-the-treatment-of-severe-asthma-episodes.html

MediciNova, a San Diego and Japan-based biopharmaceutical company, is currently testing bedoradrine sulfate (under the proprietary name MN-221) for this purpose. In late March, the company announced it had completed enrollment of 176 patients in a Phase 2 clinical trial evaluating the safety and efficacy of MN-221 for the treatment of AEA, and the company anticipates releasing clinical results in the second quarter of 2012.

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