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Shintaro Asako MediciNova, Inc. Phone: 858-373-1500 Email: asako@medicinova.com FOR IMMEDIATE RELEASE MediciNova announces departure of Executive Officers

Key Takeaway: MediciNova announces departure of Executive Officers SAN DIEGO, Calif. September 30, 2005 MediciNova, Inc., a specialty pharmaceutical company that is publicly traded on the Hercules Market of the Osaka Securities Exchange (Code number: 4875), today announced that the Board of

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MediciNova announces departure of Executive Officers
SAN DIEGO, Calif. September 30, 2005
MediciNova, Inc., a specialty pharmaceutical company that is publicly traded on the Hercules Market of the Osaka Securities Exchange (Code number: 4875), today announced that the Board of Directors and Takashi Kiyoizumi, MD, Ph.D, have agreed that
Dr. Kiyoizumi will resign as President and CEO and a Director of MediciNova, effective immediately. The Company also announced that Brian Anderson, Chief Business Officer, has left the Company. Yuichi Iwaki, MD, Ph.D., Executive Chairman of
MediciNova, will serve as acting Chief Executive Officer.
MediciNova, Inc. is a publicly traded specialty
pharmaceutical company focused on accelerating the global development and commercialization of innovative pharmaceutical products. MediciNova s pipeline, which includes several compounds in clinical testing, targets a variety of prevalent
medical conditions, including premature labor, cancer, asthma, multiple sclerosis and anxiety disorders. For more information on MediciNova, Inc., please visit www.medicinova.com.
Last updated: Sep 30, 2005