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Patents granted in key territories as Novexatin® moves closer to further clinical development and commercialisation

21 Feb 2011

NovaBiotics, a leading clinical-stage biotechnology company, today announces that it has further secured the global intellectual property ('IP') position of its lead product, Novexatin® through recent patent grants in the US, EU and other territories worldwide. Novexatin® is a topical treatment for fungal nail infection and NovaBiotics' recent patent grants protect the use of its core peptide technology in this and other related target indications.

The Company's granted and pending IP not only protects the use of the core structure of NovexatinŽ, but of a related family of anti-infective peptides derived from the same technology platform. This is a critical milestone for the Company with key grants for its lead and follow-on products being secured a relatively early stage in their lifecycle.

NovaBiotics' current antifungal product portfolio includes Novexatin® a phase 2b-ready clinical asset and Novamycin®, a candidate treatment for potentially life-threatening blood-stream and deep tissue yeast and mould infections (predominantly Candida).

In addition, NovaBiotics' antibacterial peptide drug candidate, NP432 and novel mucolytic agent NM001 are now at the early proof of efficacy stage for the treatment of respiratory infections including multi-drug resistant forms and those associated with cystic fibrosis.

Dr Deborah O'Neil, Founder, commented: "Recent patent grants in key territories for our expanding product portfolio is an important step in NovaBiotics' development, particularly as we bring our lead product Novexatin® closer to market. This undoubtedly adds significant further value for the interested parties with whom we are in ongoing discussions for Novexatin®."

NovaBiotics' IP portfolio covers eight patent families which consist of more than 50 patents pending and granted worldwide.

 

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Latest News

NovaBiotics' Dr Deborah O'Neil Named EY UK Health Products & Services Entrepreneur of 2014
7th October 2014

Showcases increasing investor interest in the global stem cell sector
22nd September 2014

NovaBiotics Receives Orphan Drug Status from the US Food and Drug Administration (FDA) for Lynovex®
16th September 2014

Scotland's Pharmacells Group creates 12 new jobs at BioCity Scotland following acquisition by Precious Cells Group, London
18th August 2014

Precious Cells Biobank Acquires Stem Cell Technology Leader Pharmacells Group
25th July 2014

NovaBiotics' Dr Deborah O'Neil Wins Entrepreneur of the Year
27th June 2014

NovaBiotics Initiates Phase IIa Clinical Study for Lynovex in Cystic Fibrosis
25th June 2014

NovaBiotics' Dr Deborah O'Neil Named EY Scotland Entrepreneur of 2014
20th June 2014