Report of transactions with shares and related securities of NeuroSearch by persons discharging managerial responsibilities and person/companies closely related with these


Insiders' dealing                                                               


Report of transactions with shares and related securities of NeuroSearch by     
persons discharging managerial responsibilities and person/companies closely    
associated with these                                                           

Pursuant to section 28a of the Danish Act on Securities Trading, NeuroSearch A/S
(NEUR.CO) shall make public transactions with shares and related securities of  
NeuroSearch A/S by persons discharging managerial responsibilities and          
persons/companies closely associated with these.                                


Name: Torben Skov                                                               
Reason: Member of the Board                                                     
Issuer and ID code / ISIN: NeuroSearch A/S / DK0010224666                       
Transaction: Sale of shares                                                     
Trading date. 4 December 2007                                                   
Market: The OMX Nordic Exchange Copenhagen A/S                                  
Number (pcs): 467                                                               
Market value (DKK): 148,763                                                     

Name: Jørgen Drejer                                                             
Reason: Executive Vice President, Director of Drug Discovery                    
Issuer and ID code / ISIN: NeuroSearch A/S / DK0010224666                       
Transaction: Sale of shares                                                     
Trading date. 4 December 2007                                                   
Market: The OMX Nordic Exchange Copenhagen A/S                                  
Number (pcs): 2,000                                                             
Market value (DKK): 637,100                                                     

Name: Finn Eggert Sørensen                                                      
Reason: Executive Vice President, CBO                                           
Issuer and ID code / ISIN: NeuroSearch A/S / DK0010224666                       
Transaction: Sale of shares                                                     
Trading date. 4 December 2007                                                   
Market: The OMX Nordic Exchange Copenhagen A/S                                  
Number (pcs): 2,500                                                             
Market value (DKK): 796,375                                                     

Name: Peder Velling                                                             
Reason: Vice President, Head of Patent Department                               
Issuer and ID code / ISIN: NeuroSearch A/S / DK0010224666                       
Transaction: Sale of shares                                                     
Trading date. 4 December 2007                                                   
Market: The OMX Nordic Exchange Copenhagen A/S                                  
Number (pcs): 1,810                                                             
Market value (DKK): 576,576                                                     

Name: Dorthe Filtenborg Olesen                                                  
Reason: Vice President, Director of CMC                                         
Issuer and ID code / ISIN: NeuroSearch A/S / DK0010224666                       
Transaction: Sale of shares                                                     
Trading date. 4 December 2007                                                   
Market: The OMX Nordic Exchange Copenhagen A/S                                  
Number (pcs): 426                                                               
Market value (DKK): 135,702                                                     

Name: Jette Møllmann                                                            
Reason: Vice President, Director of Legal Department                            
Issuer and ID code / ISIN: NeuroSearch A/S / DK0010224666                       
Transaction: Sale of shares                                                     
Trading date. 4 December 2007                                                   
Market: The OMX Nordic Exchange Copenhagen A/S                                  
Number (pcs): 1,544                                                             
Market value (DKK): 491,841                                                     

Name: Thomas Varming                                                            
Reason: Vice President, Head of R&D Administration                              
Issuer and ID code / ISIN: NeuroSearch A/S / DK0010224666                       
Transaction: Sale of shares                                                     
Trading date. 4 December 2007                                                   
Market: The OMX Nordic Exchange Copenhagen A/S                                  
Number (pcs): 1,853                                                             
Market value (DKK):590,273                                                      


Contact person:                                                                 
Anita Milland, Vice President, CFO, telephone: +45 2016 3432                    



NeuroSearch (NEUR) is a Scandinavian biopharmaceutical company listed on the OMX
Nordic Exchange Copenhagen A/S. Our core business covers the development of     
novel drugs, based on a broad and well-established drug discovery platform      
focusing on ion channels and CNS disorders. A substantial part of the Company's 
activities are partner financed through a broad alliance with GlaxoSmithKline   
(GSK) and collaborations with among others Abbott and Astellas. The drug        
pipeline comprises 11 clinical (Phase I-III) development programmes: ACR16 in   
Huntington's disease (Phase III in preparation), tesofensine in obesity (Phase  
III in preparation), NS2359 in depression (Phase II) and ADHD (Phase II) in     
partnership with GSK, NS1209 in epilepsy and pain (Phase II), ABT-894 in ADHD   
(Phase II) and pain (Phase II) in partnership with Abbott, ACR16 in             
schizophrenia (Phase I) in partnership with Astellas, ACR325 in bipolar disorder
and Parkinson's disease (Phase I) and ABT-107 as well as ABT-560 for the        
treatment of various CNS diseases - both (Phase I) in collaboration with Abbott 
as well as NSD-644 (Phase I) in collaboration with GSK. In addition, NeuroSearch
has a broad portfolio of preclinical drug candidates and holds equity interests 
in several biotech companies.

Attachments

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