Purple Biotech Fortifies NT219 Patent Protection
REHOVOT, Israel, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Purple Biotech Ltd. ("Purple Biotech" or "the Company") (NASDAQ/TASE: PPBT), a clinical-stage company developing first-in-class therapies that harness the power of the tumor microenvironment to overcome tumor immune evasion and drug resistance, today announced that the China National Intellectual Property Administration (“CNIPA”) has granted a new patent for maintaining a pharmaceutical composition of NT219 in its active form.
- The new patent granted in China (# CN 115466205 B) expands Purple Biotech’s patent protection for NT219 in China.
- The drug was previously issued patent in China that relates to the combinations of NT219 with various anti-cancer agents.
- “Expanding patent protection for NT219’s composition is strategic for Purple Biotech and we believe that the grant of this new patent marks another step forward in our global intellectual property strategy.
- China is a large and important market opportunity for us, and strengthening our patent coverage improves our competitive positioning in this territory,” stated Purple Biotech CEO, Gil Efron.