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


Announcement                                                                    


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: Lars Siim Madsen                                                          
Reason: Member of the Board                                                     
Issuer and ID code / ISIN: NeuroSearch A/S / DK0010224666                       
Transaction: Sale of shares                                                     
Trading date: 12 March 2007                                                     
Market: Copenhagen Stock Exchange                                               
Number (pcs): 1,171                                                             
Market value (DKK): 295,092                                                     


Name: Torben Skov                                                               
Reason: Member of the Board                                                     
Issuer and ID code / ISIN: NeuroSearch A/S / DK0010224666                       
Transaction: Sale of shares                                                     
Trading date: 12 March 2007                                                     
Market: Copenhagen Stock Exchange                                               
Number (pcs): 585                                                               
Market value (DKK): 147,420                                                     


Name: Flemming Pedersen                                                         
Reason: CEO                                                                     
Issuer and ID code / ISIN: NeuroSearch A/S / DK0010224666                       
Transaction: Sale of shares                                                     
Trading date: 12 March 2007                                                     
Market: Copenhagen Stock Exchange                                               
Number (pcs): 5,782                                                             
Market value (DKK): 1,457,064                                                   


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: 12 March 2007                                                     
Market: Copenhagen Stock Exchange                                               
Number (pcs): 4,098                                                             
Market value (DKK): 1,032,696                                                   
Name: Finn Eggert Sørensen                                                      
Reason: Executive Vice President, CBO                                           
Issuer and ID code / ISIN: NeuroSearch A/S / DK0010224666                       
Transaction: Sale of shares                                                     
Trading date: 12 March 2007                                                     
Market: Copenhagen Stock Exchange                                               
Number (pcs): 7,025                                                             
Market value (DKK): 1,770,300                                                   


Name: Frank Wätjen                                                              
Reason: Executive Vice President, Director of Drug Development                  
Issuer and ID code / ISIN: NeuroSearch A/S / DK0010224666                       
Transaction: Sale of shares                                                     
Trading date: 12 March 2007                                                     
Market: Copenhagen Stock Exchange                                               
Number (pcs): 4,098                                                             
Market value (DKK): 1,032,696                                                   


Name: Palle Christophersen                                                      
Reason: Vice President, Director of In Vitro Pharmacology                       
Issuer and ID code / ISIN: NeuroSearch: A/S / DK0010224666                      
Transaction: Sale of shares                                                     
Trading date: 12 March 2007                                                     
Market: Copenhagen Stock Exchange                                               
Number (pcs): 2,342                                                             
Market value (DKK): 590,184                                                     


Name: Anita Milland                                                             
Reason: Vice President, CFO                                                     
Issuer and ID code / ISIN: NeuroSearch A/S / DK0010224666                       
Transaction: Sale of shares                                                     
Trading date: 12 March 2007                                                     
Market: Copenhagen Stock Exchange                                               
Number (pcs): 878                                                               
Market value (DKK): 221,256                                                     


Name: Naheed Mirza                                                              
Reason: Vice President, Director of In Vivo Pharmacology                        
Issuer and ID code / ISIN: NeuroSearch A/S / DK0010224666                       
Transaction: Sale of shares                                                     
Trading date: 12 March 2007                                                     
Market: Copenhagen Stock Exchange                                               
Number (pcs): 2,342                                                             
Market value (DKK): 590,184                                                     


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: 12 March 2007                                                     
Market: Copenhagen Stock Exchange                                               
Number (pcs): 3,513                                                             
Market value (DKK): 885,276                                                     
Name: Dorte Filtenborg Olesen                                                   
Reason: Vice President, Director of CMC                                         
Issuer and ID code / ISIN: NeuroSearch A/S / DK0010224666                       
Transaction: Sale of shares                                                     
Trading date: 12 March 2007                                                     
Market: Copenhagen Stock Exchange                                               
Number (pcs): 585                                                               
Market value (DKK): 147,420                                                     


Name: Dan Peters                                                                
Reason: Vice President, Director of Medicinal Chemistry                         
Issuer and ID code / ISIN: NeuroSearch A/S / DK0010224666                       
Transaction: Sale of shares                                                     
Trading date: 12 March 2007                                                     
Market: Copenhagen Stock Exchange                                               
Number (pcs): 2,927                                                             
Market value (DKK): 737,604                                                     


Name: Daniel Brunicardi Timmermann                                              
Reason: Vice President, Director of Ion Channel Therapeutics                    
Issuer and ID code / ISIN: NeuroSearch A/S / DK0010224666                       
Transaction: Sale of shares                                                     
Trading date: 12 March 2007                                                     
Market: Copenhagen Stock Exchange                                               
Number (pcs): 1,171                                                             
Market value (DKK): 295,092                                                     


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: 12 March 2007                                                     
Market: Copenhagen Stock Exchange                                               
Number (pcs): 2,342                                                             
Market value (DKK): 590,184                                                     


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: 12 March 2007                                                     
Market: Copenhagen Stock Exchange                                               
Number (pcs): 2,342                                                             
Market value (DKK): 590,184                                                     


Asger Aamund                                                                    
Chairman of the Board                                                           


Contact person: Anita Milland, Vice President, CFO                              
Telephone: +45 4460 8274 or +45 2016 3432                                       
NeuroSearch is a Scandinavian biopharmaceutical company listed on the Copenhagen
Stock Exchange (NEUR). Our core business covers the development of novel drugs, 
based on a broad and well-established drug discovery platform focusing on ion   
channels and transporters. 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. Eight drug programmes are 
in clinical development: ACR16 for the treatment of Huntington's disease (under 
preparation for Phase III), tesofensine for the treatment of obesity/type 2     
diabetes (Phase II), NS2359 for the treatment of depression (Phase II) and ADHD 
(Phase II) in partnership with GSK, NS1209 for the treatment of epilepsy and    
pain (Phase II), ABT-894 for the treatment of ADHD (Phase II) and neuropathic   
pain (Phase I) in partnership with Abbott, ACR16 for the treatment of           
schizophrenia (Phase I) in partnership with Astellas, and ACR325 for the        
treatment of psychoses such as bipolar disorder (Phase I). In addition,         
NeuroSearch has a broad portfolio of preclinical drug candidates and has equity 
interests in several biotech companies.

Attachments

fonds.08-07- ledende medarbejdere - uk.pdf