Reported Earlier, MediciNova Receives Notice Of Allowance From Japan Patent Office For MN-166 In Macular Injury Treatment
Portfolio Pulse from Benzinga Newsdesk
MediciNova has received a notice of allowance from the Japan Patent Office for MN-166 (ibudilast) for treating macular injury related to progressive multiple sclerosis. The patent, once issued, is expected to expire in October 2039, covering the use of MN-166 for both treatment and decreasing macular volume loss.
March 27, 2024 | 6:40 am
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MediciNova's receipt of a notice of allowance from the Japan Patent Office for MN-166 in macular injury treatment is a significant regulatory milestone, potentially enhancing its product portfolio.
The allowance of a patent for MN-166 by the Japan Patent Office is a positive development for MediciNova, indicating regulatory progress and potential market exclusivity until 2039. This could positively impact investor sentiment and the company's valuation in the short term, as it strengthens MediciNova's intellectual property portfolio and potential revenue streams.
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