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2 <p><b>NCE's in Development Phase</b></p>
3 <p><b>PLD-116</b></p>
4 <p>Approval of the German authorities was obtained to conduct the PLD-116 Phase
5 I clinical study in Germany in December 2000. Prior to that, all the activities
6 necessary to fulfill the requirements for the clinical testing of the compound
7 had been undertaken and the pre-clinical testing completed. The PLD-116 project
8 team has been established in December 1999, to develop peptide PL-10.1 into
9 a drug for the treatment of inflammatory bowel disease. The peptide is derived
10 from a natural protein and provides a novel anti-inflammatory treatment option
11 for inflammatory bowel disease.</p>
12 <p><b>PLD-117</b></p>
13 <p>The peptide PLD-117 for the treatment of thrombocytopenia, a severe complication
14 of cancer chemotherapy, was brought to clinical study trials in the USA in December
15 2000. The proposed treatment is based on a unique approach using peptide that
16 activates thrombopoietin (TPO) receptor. Prior to favourable communication from
17 the FDA regarding the IND filling, and the evaluation of the clinical protocol,
18 PLIVA has signed a licensing agreement with Receptron, Inc., a Californian based
19 Biotech Company, and acquired exclusive rights to develop and market this possible
20 new drug.</p>
21 <p><b>PLD-118</b></p>
22 <p>The licensed in novel antifungal agent PLD-118 was successfully brought into
23 clinical development ahead of schedule in November 2000. PLD-118 has the potential
24 to be the first novel oral antifungal for the treatment of Candida infections
25 since the introduction of azoles in the 80's. After completing the preclinical
26 package and successful review of necessary documents by the ethics committee
27 in Germany, clinical studies started in November.</p>

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