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**NP031** is a small molecule investigational drug developed as a **phosphodiesterase 4B (PDE4B) isoform inhibitor**. It was studied for potential treatment of **central nervous system (CNS) disorders**, particularly **Alzheimer's disease** and other neurodegenerative conditions, as well as **inflammatory** and **autoimmune diseases**. The drug modulates PDE4B to increase cAMP levels, aiming to improve cognitive function and reduce neuroinflammation, though clinical development appears to have been discontinued following negative trial outcomes.
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