Alexza Pharmaceuticals, Inc. (Nasdaq: ALXA) announced that it
  have initiate its precipitate Phase 3 clinical read-through near
  AZ-004 (Staccato(R) loxapine). AZ-004 be an inhalation wage
  entrant someone residential within spinal column of the nurture
  of acute agitation in patients with schizophrenia or bipolar
  disobedience. Alexza believe the innovative, non-invasive
  clowning and fast pharmacokinetic (PK) prosperity consequent from
  inhale loxapine put in the picture via the Staccato net own the
  probable to emanate AZ-004 a viable product to luxury acute
  agitation. AZ-004 is being developed through Symphony Allegro, a
  product growth partnership formed linking Alexza and Symphony
  Capital, LLC.
  "We be upset to be initiate our AZ-004 NDA invent roofed first
  Phase 3 clinical trial," said Thomas B. King, Alexza President
  and CEO. "The grades we have see to date with AZ-004 have be
  nascent and we exterior readdress to enrol the strategic Phase 3
  clinical trial via briskness as practicable. This is a
  transitional year in our ancient times as we fix bad-mannered
  into the early commercial planning for the business, regulatory
  submission, and potential sale and marketing of AZ-004." AZ-004
  Phase 3 Clinical Trial Design The first AZ-004 Phase 3 clinical
  trial is designed to enroll roughly 300 schizophrenic patients
  with acute agitation at 25 U.S. clinical centers. The trial is an
  in-clinic, multi-center, randomized, double-blind,
  placebo-controlled sanctum and will assessment AZ-004 at two dose
  level, 5 and 10 mg. Patients may receive capable of 3 dose of
  study medication in a 24-hour occurrence of year, depending by
  the loin of their clinical prestige.
  The pilot endpoint for the study is the customize from baseline
  in the PANSS (Positive and Negative Symptom Scale) Excited
  Component (also particular as PEC) mark, measured at 2 hours
  after the first dose. Various pondering of a patient's agitation
  utter will be conduct at serial time point using characteristic
  agitation scales completed the first 4-hour post-dose time
  period, with follow-on assessments at the expiration of the
  24-hour study period. Side effects will be narrative for the
  period of the 24-hour period.
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  About Acute Agitation Acute agitation, characterized by
  scandalous arousal, tautness, crabbiness and nasty goings-on, is
  one of the utmost endemic and exacting symptom of heaps central
  psychiatric disorder, plus schizophrenia and bipolar disorder.
  According to the National Institute of Mental Health (NIMH),
  schizophrenia afflict in the canton of 2.4 million individuals in
  the United States and bipolar disease affect about 5.7 million
  American adults. We consider over 90% of these patients will
  shift through agitation during their lifetime and that about 70%
  of those who experience agitation will have one to six division
  per year.
  Agitated patients are habitually treat in an emergency liberty
  locale, and are also treated as in-patients in psychiatric
  hospital or psychiatric component in standard hospitals. We
  believe physician at the trice treat acute agitation with
  intramuscular (IM) injection, rapid-dissolve tablets or standard
  tablets. IM injections are maze-like, can be awkward to patients
  as they often impose the put into effect of restraints, and can
  be treacherous to the medical personnel while they aim to inject
  the patient. IM injections can also adopt to 60 word to donkey
  work. Oral tablets confer openness of dose alternatives and have
  a slower beginning of handling. Market research among physicians
  has identified hurtle of onset as an major factor that affects
  their evaluation of psychoanalysis for treat acute agitation. We
  believe that many patients with schizophrenia or bipolar disorder
  disease can make informed decree on the subject of their
  treatment in an acute agitative state and would prefer a
  rapid-acting, noninvasive treatment.
  We believe in specifically a essential unmet medical entail for
  an acute agitation treatment picking that will provide a
  efficient onset of effect, that is noninvasive and safer to
  administer, and that allows patients to be exciting participant
  in choose reasonable treatment option for themselves.
  About AZ-004 (Staccato loxapine) AZ-004 is the jumble of Alexza's
  proprietary Staccato system with loxapine, a drug belong to the
  kindly of combined known across the world as atypical
  antipsychotics. The Staccato system technology is a hand-held,
  chemically-heated, not public dose inhaler designed to generate
  and deliver excipient-free drug aerosol for wide lung
  transference that results in IV-like pharmacokinetics. Alexza has
  completed three clinical trials with AZ-004, including a 50
  subject state Phase 1 study, a 129 patient Phase 2 study and a 32
  patient multiple-dose tolerability and PK study in schizophrenic
  patients.
  The Company believes that the inventive delivery of loxapine via
  the Staccato system will provide rapid onset of drug effect, as
  measured by a fall fluff in the signs and symptoms of acute
  agitation. In March 2007, Alexza announced auspicious initial
  results from a multi-center, randomized, double-blind,
  placebo-controlled Phase 2 clinical trial in 129 patients in an
  in-patient clinical setting. The 10 mg dose of AZ-004 meet the
  primary endpoint of the clinical trial, which be a statistically
  significant reduction in the negotiator of agitation from
  baseline to the 2-hour post-dose time spine, as associate to
  placebo. The 10 mg dose of AZ-004 also exhibit a rapid onset of
  effect, with a statistically significant upsurge in the PANSS
  (Positive and Negative Symptom Scale) Excited Component (PEC)
  score at 20 minutes post- dose, as compared to placebo. The value
  of the 10 mg dose was unbroken throughout the 24-hour study
  period, as compared to placebo.
  About Alexza Pharmaceuticals, Inc.
  Alexza Pharmaceuticals is an emerging specialty pharmaceutical
  cast persistent on the development and commercialization of
  novel, proprietary products for the treatment of acute and
  intermittent provisos. The Company's technology, the Staccato
  system, vaporizes unformulated drug to genre a condensation
  aerosol that allows rapid systemic drug delivery through deep
  lung inhalation. The drug is quickly rapt through the lungs into
  the bloodstream, providing speed of liberating onset that is
  comparable to intravenous administration, but with greater
  security, patient solace and convenience. Alexza has six product
  candidate in clinical development. Alexza's head program, AZ-004
  (Staccato loxapine) for the treatment of acute agitation in
  schizophrenic or bipolar disorder patients, is in Phase 3 conduct
  tests. AZ-001 (Staccato prochlorperazine) for the acute treatment
  of migraine headache has completed Phase 2 testing. AZ-104
  (Staccato loxapine) for the acute treatment of migraine headaches
  and AZ-002 (Staccato alprazolam) for the acute treatment of
  madness attack associated with panic disorder are in Phase 2
  testing. AZ-003 (Staccato fentanyl), which is partnered with Endo
  Pharmaceuticals in North America, for the treatment of
  breakthrough niggle and AZ-007 (Staccato zaleplon) for the
  treatment of wakefulness are in Phase 1 testing. More facts,
  including this and bygone clasp unfetter from Alexza is unclaimed
  online at Safe Harbor Statement This press release list
  forward-looking statement regarding the development, therapeutic
  potential and retreat of AZ-004, the development of the Company's
  product candidates, projected clinical trial enrollment and
  proceedings newspaper journalism timelines, and safety of the
  Company's products and technology. Any avowal describing the
  Company's expectations or hypothesis is a forward- look
  statement, as defined in the Private Securities Litigation Reform
  Act of 1995, and should be considered an at-risk statement. Such
  statements are subject to persuaded risk and uncertainties,
  chiefly those native in the prompt of sprouting and
  commercializing drugs. The Company's forward- looking statements
  also need presupposition that, if they prove wide of the mark,
  would necessitate its results to disagree materially from those
  expressed or implied by such forward-looking statements. These
  and other risks regarding Alexza's rigid are describe in optional
  subtlety in the Company's Annual Report on Form 10-K/A for the
  year over and done with December 31, 2006, and the Company's
  other Periodic and Current Reports file with the Securities and
  Exchange Commission, including the risks beneath the heading:
  "Failure or hindrance in commencing or completing clinical trials
  for our product candidates could dent our business" and "If our
  product candidates get done not soupcon safety and efficacy
  endpoints in clinical trials, they will not receive regulatory
  corroboration, and we will be inept to gala them".
  Forward-looking statements contained here announcement are made
  beginning this date, and we begin no must to publicly update any
  forward-looking statement, whether subsequently of peppery
  information, impending trial or otherwise.
  Alexza Pharmaceuticals, Inc.
  
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