Prescient Receives Two US Patents For PTX-200, Stock Price up ~7%

  • Jun 17, 2020 AEST
  • Team Kalkine

Prescient Therapeutics (ASX:PTX) received notices of allowance from the USPTO for two new patents covering its PTX-200 drug for treating leukemia and breast cancer.

After receiving the grant, patents are anticipated to be valid until at least 2025.

The PTX-200 patents (USPTO 15/487,854 and 15/487,843) are valuable additions to strong IP portfolio of PTX and will further augment protection of PTX-200.

Post announcement on 17 June 2020, PTX shares surged up by 7.3% to A$0.059 (at AEST 12:02 PM).


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