Can-Fite Received Notice of Allowance from the European Patent Office for the Treatment of Erectile Dysfunction with CF602
Portfolio Pulse from Benzinga Newsdesk
Can-Fite BioPharma Ltd. announced receiving a Notice of Allowance from the European Patent Office for a patent on CF602, a drug candidate for treating erectile dysfunction, particularly in diabetics who cannot use existing drugs.

May 06, 2024 | 11:04 am
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Can-Fite BioPharma Ltd. received a European patent allowance for CF602, aimed at treating erectile dysfunction, signaling potential market expansion and innovation.
Receiving a Notice of Allowance for a patent from the European Patent Office is a significant regulatory milestone that can lead to market expansion and increased investor confidence. For Can-Fite BioPharma, this development not only validates the company's research and development efforts but also potentially opens up a new therapeutic area for its pipeline. Given the specific mention of diabetics unable to use current drugs, this patent positions CF602 as a novel solution in the erectile dysfunction market, likely leading to positive investor sentiment and a potential increase in stock price in the short term.
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