Ensysce Biosciences Announces Notice of Allowance from the U.S. Patent and Trademark Office for Patent Entitled “Compositions Comprising Enzyme-Cleavable Amphetamine Prodrugs and Inhibitors Thereof”
August 05 2021 - 8:00AM
Ensysce Biosciences, Inc. (“Ensysce” or the “Company”) (NASDAQ:
ENSC, OTC: ENSCW), a clinical-stage biotech company with
proprietary technology platforms to reduce the economic and social
burden of prescription drug abuse and overdose, today announced
that the United States Patent and Trademark Office has granted
Notice of Allowance for a patent entitled Compositions Comprising
Enzyme-Cleavable Amphetamine Prodrugs and Inhibitors Thereof.
The invention comprises a method for controlled release of
amphetamine to a patient using the Trypsin-Activated Abuse
Protection (TAAP) platform of Ensysce, which has been applied
previously to the company’s opioid products, to reduce abuse. The
allowed claims also cover administering these amphetamine
prodrugs with a GI enzyme inhibitor, in accordance with Ensysce’s
Multi-Pill Abuse Resistance (MPAR™) platform, providing overdose
protection to this class of agents.
“We are pleased to be growing our patent portfolio,” said
Ensysce CEO Dr. Lynn Kirkpatrick. “This issuance provides the
company with another possibility to build our pipeline of products
for ADHD indications. We believe that our TAAP and MPAR™ platforms
applied to this category of prescription drugs are unique in the
industry.”
Forward-Looking StatementsThis press release
contains certain forward-looking statements within the meaning of
federal securities laws. Forward-looking statements are
predictions, projections and other statements about future events
that are based on current expectations and assumptions and, as a
result, are subject to risks and uncertainties. Many factors could
cause actual future events to differ materially from the
forward-looking statements in this communication. Such factors can
be found in Ensysce’s most recent annual report on Form 10-K,
subsequently filed quarterly reports on Form 10-Q and current
reports on Form 8-K, which are available, free of charge, at the
SEC’s website at www.sec.gov, and also in the Form S-4 and
Ensysce’s definitive proxy statement/prospectus filed on June 16,
2021. New risks and uncertainties arise from time to time, and it
is impossible for us to predict these events or how they may affect
the Company. You are cautioned not to place undue reliance upon any
forward-looking statements, which speak only as of the date made,
and Ensysce undertakes no obligation to update or revise the
forward-looking statements, whether as a result of new information,
changes in expectations, future events or otherwise.
About Ensysce Biosciences (NASDAQ: ENSC)Ensysce
Biosciences, San Diego, CA is a clinical-stage biotech company
using its proprietary technology platforms to develop safer
prescription drugs. Leveraging its Trypsin-Activated Abuse
Protection (TAAP) and Multi-Pill Abuse Resistance (MPAR™)
platforms, the Company is developing a new class of powerful,
tamper-proof opioids that prevent both drug abuse and overdoses.
Ensysce’s products are anticipated to provide safer options to
treat severe pain and assist in preventing deaths caused by opioid
abuse, reducing the human and economic cost. The platforms are
covered by an extensive worldwide intellectual property portfolio
for a wide array of prescription drug compositions. For more
information, please visit www.ensysce.com.
Investor Relations Contact:Gateway Investor
RelationsMatt Glover, Alex Thompson(949)
574-3860Ensysce@gatewayir.com
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