Phase II Study for P45

Phytopharm PLC 16 November 2000 Phytopharm plc Commences Phase II Clinical Study of P45 Cream for Alopecia Areata Phytopharm plc (PYM: London Stock Exchange) ('Phytopharm') announces today that it has commenced a Phase II clinical study to investigate the safety and efficacy of its patented topical treatment, P45, for severe forms of alopecia, including alopecia areata and totalis. Phytopharm is already undertaking a Phase II trial investigating the safety and efficacy of P45 in alopecia androgenica (male pattern baldness), the results of which are expected to be available in Q1 2001. The study will be an open label, single centre study of up to 30 subjects with at least 50% scalp hair loss due to alopecia areata. The P45 cream will be applied to the scalp twice daily for a period of 26 weeks. Both the investigator and the patients will assess the extent of hair re-growth in response to treatment. In addition, serial photographs will be taken for evaluation at the end of the study. Alopecia areata is a distressing condition that can affect individuals of all ages. It is characterised by the sudden appearance of circular areas of total hair loss, which can ultimately affect the entire scalp (termed alopecia totalis). The underlying cause is unknown, although there is circumstantial evidence to suggest that it is an auto-immune disorder. Although spontaneous remission can occur in mild forms, severe forms often progress to alopecia totalis and are unresponsive to current therapies. Dr Richard Dixey, Chief Executive of Phytopharm, said: 'The study announced today further extends our research programme into hair loss with our product P45. The interim review of our ongoing study in alopecia androgenica conducted in January of this year revealed a good safety profile for the product, and has cleared the way for the commencement of this second study into the auto-immune form of the disease.' Enquiries: Phytopharm plc Tel: 01480 437697 Dr Richard Dixey, Chief Executive Financial Dynamics Tel: 020 7831 3113 David Yates / Sophie Pender-Cudlip NOTES TO EDITORS Phytopharm plc Phytopharm's business is to take both simple and complex mixtures derived from plant sources into full pharmaceutical development. The US Food and Drug Administration call such medicinal products 'Botanicals'. Botanical products are whole or partially purified extracts of medicinal plants in which the chemical composition is not fully characterised. Apart from being a new sector in the pharmaceutical market, Botanicals also act as an enabling technology to discover single chemical entities of clinical importance from plant sources. Phytopharm is the leading company in the development of botanical pharmaceuticals. It has developed a portfolio of 11 such products, nine of which are in the clinical evaluation phase. These products have been targeted in the five therapeutic categories of anti-inflammatory treatments, neurological disorders, dermatology, cancer and metabolic diseases. Phytopharm was recently awarded top place in the Deloitte and Touche Fast 50 award for the fastest growing high technology companies in the Cambridge region. In 1997, Phytopharm was granted an Investigational New Drug (IND) approval in the US. The guidelines for the registration of botanical products have recently been published by the FDA. More information concerning Phytopharm's activities can be found on its Web site at http://www.phytopharm.co.uk.

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