Unicycive Secures Patent for Kidney Disease Treatment UNI-494, Valid Until 2040
Portfolio Pulse from Benzinga Newsdesk
Unicycive Therapeutics, Inc. (NASDAQ:UNCY) has secured a U.S. patent for its kidney disease treatment UNI-494, valid until 2040. The patent covers the method of treating acute kidney injury and contrast-induced nephropathy using the UNI-494 compound.
July 17, 2024 | 11:05 am
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Unicycive Therapeutics has secured a U.S. patent for its kidney disease treatment UNI-494, valid until 2040. This patent strengthens the company's intellectual property portfolio and could enhance its market position in the kidney disease treatment space.
The issuance of a patent for UNI-494 provides Unicycive with long-term protection for its kidney disease treatment, potentially increasing its market value and investor confidence. The patent's validity until 2040 ensures a prolonged period of exclusivity, which is beneficial for the company's future revenue streams.
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