Considering the allosteric regulation of mGlu receptors for potential therapeutic applications, we developed a group of 1,2,4-oxadiazole derivatives that displayed mGlu
4
receptor positive allosteric modulatory activity (EC
50
= 282–656 nM). Selectivity screening revealed that they were devoid of activity at mGlu
1
, mGlu
2
and mGlu
5
receptors, but modulated mGlu
7
and mGlu
8
receptors, thus were classified as group III-preferring mGlu receptor agents. None of the compounds was active towards hERG channels or in the mini-AMES test. The most potent in vitro mGlu
4
PAM derivative
52
(N-(3-chloro-4-(5-(2-chlorophenyl)-1,2,4-oxadiazol-3-yl)phenyl)picolinamide) was readily absorbed after i.p. administration (male Albino Swiss mice) and reached a maximum brain concentration of 949.76 ng/mL. Five modulators (
34
,
37
,
52
,
60
and
62
) demonstrated significant anxiolytic- and antipsychotic-like properties in the SIH and DOI-induced head twitch test, respectively. Promising data were obtained, especially for N-(4-(5-(2-chlorophenyl)-1,2,4-oxadiazol-3-yl)-3-methylphenyl)picolinamide (
62
), whose effects in the DOI-induced head twitch test were comparable to those of clozapine and better than those reported for the selective mGlu
4
PAM ADX88178.