Moleculin Biotech Received Issue Notification From U.S. Patent And Trademark Office For U.S. Patent number 11,980,634 titled, "Method of Reconstituting Liposomal Annamycin"
Portfolio Pulse from Benzinga Newsdesk
Moleculin Biotech has received a notification from the U.S. Patent and Trademark Office for a patent titled, "Method of Reconstituting Liposomal Annamycin," which will provide composition protection through 2040, potentially extending further. Annamycin is moving towards a pivotal AML study in 2024 and may be eligible for an accelerated approval pathway.
May 09, 2024 | 12:43 pm
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Moleculin Biotech's newly issued patent for Annamycin extends its composition protection to 2040, indicating a strong intellectual property position as it advances towards a pivotal AML study in 2024.
The issuance of a new patent significantly strengthens Moleculin Biotech's intellectual property portfolio, particularly for Annamycin, a key asset in its pipeline. This development not only secures the company's composition rights until 2040 but also potentially enhances its market exclusivity and competitive edge, especially as Annamycin advances towards a pivotal AML study. The potential for accelerated approval could further increase the asset's value, making this news highly relevant and important for investors.
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