Texas-based Bio-Path Holdings (NASDAQ: BPTH) has announced that the United States Patent and Trademark Office has sent a notice of allowance to the company for claims relating to its lead product, prexigebersen.
A notice of allowance indicates that the US Patent and Trademark Office believes the application qualifies for a patent.
The new patent is titled “Combination Therapy with Liposomal Antisense Oligonucleotides.” It will provide protection for the use of prexigebersen in the treatment of several cancers in combination with other therapies.
Interested in investing after today’s move?
XTB gives investors access to thousands of UK and international stocks,
including fractional shares from just £1.
Explore stocks with XTB →
Your capital is at risk. The value of your investments may go up or down. Past performance is not a reliable indicator of future performance.
Want to invest in the stocks making the news?
Go from following the market to investing in it, with access to thousands
of stocks across major UK and international markets.
See available stocks →
Your capital is at risk. The value of your investments may go up or down. Past performance is not a reliable indicator of future performance.
Own the stocks you’re reading about
Invest in real shares across the UK, US and other major global markets
through XTB, all from one investment account.
Explore XTB shares →
Your capital is at risk. The value of your investments may go up or down. Past performance is not a reliable indicator of future performance.
You don’t need to buy a whole share
Fractional shares let you invest from just £1, giving you more control
over how much you put into individual companies.
Explore fractional shares →
Your capital is at risk. The value of your investments may go up or down. Past performance is not a reliable indicator of future performance.
Want to see how XTB works first?
Explore the platform with an XTB demo account before deciding whether
you want to invest with real money.
Try the XTB demo →
Your capital is at risk. The value of your investments may go up or down. Past performance is not a reliable indicator of future performance.
“This further strengthens our intellectual property portfolio and complements already granted patents. Our growing patent estate continues to be a valuable asset for Bio-Path as it provides protection not only for our core product portfolio and research efforts but now also offers broad protection in combination with established front-line therapies,” said Peter Nielsen, Bio-Path’s President.
The company is currently in a Phase 2 trial using prexigebersen in combination with another drug for the treatment of myeloid leukaemia.
The news has seen Bio-Path’s share price surge premarket to $5.39 after a 31.05% rally. The last time its share price was above the $5 mark was back in August.
PEOPLE WHO READ THIS ALSO VIEWED:
