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Like All Things CNS, It’s Not So Easy 42 F I N A L T R A N S C R I P T To close the Delta section of this call, it is our interpretation that the results of these preliminary Phase IIa trials of Dec. 18. 2008 / 8:30AM, ADLR - Adolor Corporation Investor Update Call Just completed two Phase IIa trials on ADL5859 to explore safety and efficacy in two distinct models of pain: diabetic ADL5859 peripheral neuropathy were inconclusive as a model of neuropathic as to pain; and rheumatoid arthritis as a model of chronic inflammatory pain. Neither showed statistical significance efficacy. on efficacy Pfizer measures, and we but were continue safe and well to tolerated. The company is now evaluating the current formulation and considering an increase in exposure and decrease in variability before initiating additional studies in patients. believe that Delta Agonists represent an exciting new class of drugs to treat pain and are in agreement that both ADL5859 For ADL5747, our second Delta Agonist, we recently have completed enrollment in a multiple ascending dose Phase and I trial ADL5747 in 32 healthy merit volunteers. continued To date, we clinical have not observed any dose-limiting toxicity development. or clinically significant adverse events. Pfizer and we intend to initiate a proof of concept trial of 5747 in osteoarthritis during the third quarter of 2009 and in neuropathic pain in the fourth quarter of 2009. To close the Delta section of this call, it is our interpretation that the results of these preliminary Phase IIa trials of ADL5859 were inconclusive as to efficacy. Pfizer and we continue to believe that Delta Agonists represent an exciting new class of drugs to treat pain and are in agreement that both ADL5859 and ADL5747 merit continued clinical development. © Defined Health, 2009 Pain Insight Briefing

A New, and Better Opioid from J&J / Grunenthal 43 Tapentadol IR dosing non-inferior to oxycodone IR in terms of efficacy with lower incidence of nausea, vomiting and constipation. The Journal of Pain, Volume 9, Issue 4, Supplement 1, April 2008, Page 32 M. Afilalo, C. Oh, A. Okamoto, I. Van Hove, J. Stegmann, D. Upmalis © Defined Health, 2009 Pain Insight Briefing

A New, and Better Opioid from J&J / Grunenthal<br />

43<br />

Tapentadol IR<br />

dosing non-inferior<br />

to oxycodone IR in<br />

terms of efficacy<br />

with lower incidence<br />

of nausea, vomiting<br />

and constipation.<br />

The Journal of Pain, Volume 9, Issue 4, Supplement 1, April 2008, Page 32<br />

M. Afilalo, C. Oh, A. Okamoto, I. Van Hove, J. Stegmann, D. Upmalis<br />

© Defined Health, 2009<br />

Pain Insight Briefing

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