EXCLUSIVE: Adial Pharmaceuticals Secures New US Patent Covering Lead Product For Alcohol Use Disorder
Portfolio Pulse from Vandana Singh
Adial Pharmaceuticals Inc (NASDAQ:ADIL) announced the issuance of a new US patent (number 11,905,562) for its lead investigational drug, AD04, targeting the serotonin transporter gene for treating opioid use disorder (OUD). This patent strengthens Adial's portfolio, highlighting AD04's potential in treating OUD and other drug dependencies beyond its initial focus on alcohol use disorder (AUD). The company remains committed to advancing AD04 towards commercialization for AUD and exploring its efficacy for OUD and other indications.

February 28, 2024 | 2:16 pm
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Adial Pharmaceuticals secures a new US patent for AD04, aimed at treating opioid use disorder, expanding its therapeutic potential.
The issuance of a new patent for AD04 not only strengthens Adial Pharmaceuticals' intellectual property portfolio but also highlights the drug's potential in treating a broader range of disorders beyond alcohol use disorder. This development could positively impact investor sentiment by showcasing the company's commitment to innovation and the expansion of its drug's applicability to other significant public health challenges like opioid use disorder. However, the immediate premarket stock price movement indicates a slight decrease, which could be attributed to market volatility or other external factors not directly related to the patent news.
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