REG - ValiRx PLC - Patent update
RNS Number : 2232EValiRx PLC06 July 20216 July 2021
ValiRx PLC
("ValiRx", the "Company" or the "Group")
Patent Status Update
London, UK - ValiRx plc ("ValiRx", AIM:VAL), a clinical stage drug development company, is pleased to report that its patent portfolio continued to build in the first half of 2021.
2021 patent advances
Project
Patent Family
Patent Granted
Date Granted
Impact
VAL201
WO/2014/177868
Use of the peptide against metastases
EP2991662
(European)
June 2021
Extends protection for the use of VAL201 into metastatic cancer, grant allowance announced January 2021
VAL301
WO/2013/064830
Use of the peptide against non-cancerous proliferative conditions
IL232239
(Israel)
June 2021
Extends granted patent coverage into Israel for the use in the treatment of endometriosis, as well as other non-cancerous hormone-driven conditions
VAL401
WO/2015/169971
CN106456644
(China)
June 2021
The second Chinese patent granted for VAL401, extends the use into additional adenocarcinoma types
The full patent portfolio for each project can be found on the project pages of the Company's website: https://www.valirx.com/our-pipeline
Dr Suzy Dilly, Chief Executive Officer commented: "I'm pleased to provide this periodic report of progress throughout our patent portfolio. Expanding geographical and scientific protection for these programmes provides a strong commercial background to promote to potential partners. This incremental increase in protection of our intellectual property estate provides foundation for company valuation growth."
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014. The Directors of the Company take responsibility for this announcement.
Ends
For further information please contact:
ValiRx plc
Tel: +44 (0) 2476 796496
Suzanne Dilly, CEO
Suzanne.Dilly@valirx.com
Cairn Financial Advisers LLP (Nominated Adviser)
Liam Murray / Jo Turner / Ludovico Lazzaretti
Tel: +44 (0) 20 7213 0880
Peterhouse Capital Limited (Sole Broker)
Duncan Vasey / Lucy Williams / Eran Zucker
Tel: +44 (0) 20 7469 0930
Optimum Strategic Communications
Supriya Mathur/ Shabnam Bashir
Tel: +44 (0) 20 8148 3040
About ValiRx plc
ValiRx accelerates the development of treatments in oncology and women's health to improve patient lives. We provide the scientific, financial and commercial framework towards enabling rapid translation of innovative science into clinical development.
With our extensive and proven experience in research and drug development, we select and incubate promising novel drug candidates and guide them through an optimised process of development, from pre-clinical studies to clinic and investor-ready assets.
Integrating science and business
We connect diverse disciplines across scientific, technical and commercial domains, with the aim of achieving a more streamlined, less costly, drug development process. We work closely with our selected collaborators and leverage the combined expertise required for science to advance.
Lead candidates from our portfolio are out-licensed or partnered with investors through ValiRx subsidiary companies for further clinical development and commercialisation. https://www.valirx.com/
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