Windtree Announces Expansion of Patents with Issuance of Istaroxime Patent for Japan
October 17 2024 - 8:15AM
Windtree Therapeutics, Inc. (“Windtree” or the “Company”)
(NasdaqCM: WINT), a biotechnology company focused on advancing
early and late-stage innovative therapies for critical conditions
and diseases, today announced the issuance of an istaroxime patent
for Japan. The patent is entitled, “Istaroxime-containing
intravenous formulation for the treatment of heart failure (AHF).”
The claims are directed to intravenous administration of istaroxime
using increased infusion times alone or in combination with other
agents useful to treat AHF, thereby improving treatment of heart
failure and diastolic relaxation when compared to conventional
protocols. The application has been accorded Patent No. 7560134
with a registration date of September 24, 2024 and will expire in
2039.
Istaroxime is a novel first-in-class investigational therapy
that is intended to improve systolic contraction and diastolic
relaxation of the heart while also increasing blood pressure and
maintaining renal function with a generally favorable safety
profile. Istaroxime has been studied in four positive Phase 2
trials enrolling patients with acute heart failure and early
cardiogenic shock due to heart failure.
“Continuing to expand and strengthen the Company’s
cardiovascular platform patent estate is an important priority and
we are pleased that this patent has been issued in the key country
of Japan,” said Craig Fraser, Chairman and CEO of Windtree. “As we
produce novel results and information with istaroxime and progress
our next generation, oral SERCA2a activators, we will continue our
intellectual property efforts and keep our shareholders updated
about our progress.”
About IstaroximeIstaroxime is a first-in-class
dual-mechanism therapy designed to improve both systolic and
diastolic cardiac function. Istaroxime is designed as a positive
inotropic agent that increases myocardial contractility through
inhibition of Na+/K+- ATPase with a complimentary mechanism that
facilitates myocardial relaxation through activation of the SERCA2a
calcium pump on the sarcoplasmic reticulum enhancing calcium
reuptake from the cytoplasm. Data from multiple Phase 2 studies in
patients with early cardiogenic shock or acute decompensated heart
failure have demonstrated that istaroxime infused intravenously
significantly improves cardiac function and blood pressure without
increasing heart rate or the incidence of cardiac rhythm
disturbances.
About Windtree Therapeutics, Inc.Windtree
Therapeutics, Inc. is a biotechnology company focused on advancing
early and late-stage innovative therapies for critical conditions
and diseases. Windtree’s portfolio of product candidates includes
istaroxime, a Phase 2 candidate with SERCA2a activating properties
for acute heart failure and associated cardiogenic shock,
preclinical SERCA2a activators for heart failure and preclinical
precision aPKCi inhibitors that are being developed for potential
in rare and broad oncology applications. Windtree also has a
licensing business model with partnership out-licenses currently in
place.
Forward Looking StatementsThis press release
contains statements related to the potential clinical effects of
istaroxime; the potential benefits and safety of istaroxime; the
clinical development of istaroxime; and our research and
development program for treating patients in early cardiogenic
shock due to heart failure. Such statements constitute
forward-looking statements within the meaning of The Private
Securities Litigation Reform Act of 1995. The Company may, in some
cases, use terms such as “predicts,” “believes,” “potential,”
“proposed,” “continue,” “estimates,” “anticipates,” “expects,”
“plans,” “intends,” “may,” “could,” “might,” “will,” “should” or
other words that convey uncertainty of future events or outcomes to
identify these forward-looking statements. Such statements are
based on information available to the Company as of the date of
this press release and are subject to numerous important factors,
risks and uncertainties that may cause actual events or results to
differ materially from the Company’s current expectations. Examples
of such risks and uncertainties include, among other things: the
Company’s ability to secure significant additional capital as and
when needed; the Company’s ability to achieve the intended benefits
of the aPKCi asset acquisition with Varian Biopharmaceuticals,
Inc.; the Company’s risks and uncertainties associated with the
success and advancement of the clinical development programs for
istaroxime and the Company’s other product candidates, including
preclinical oncology candidates; the Company’s ability to access
the debt or equity markets; the Company’s ability to manage costs
and execute on its operational and budget plans; the results, cost
and timing of the Company’s clinical development programs,
including any delays to such clinical trials relating to enrollment
or site initiation; risks related to technology transfers to
contract manufacturers and manufacturing development activities;
delays encountered by the Company, contract manufacturers or
suppliers in manufacturing drug products, drug substances, and
other materials on a timely basis and in sufficient amounts; risks
relating to rigorous regulatory requirements, including that: (i)
the U.S. Food and Drug Administration or other regulatory
authorities may not agree with the Company on matters raised during
regulatory reviews, may require significant additional activities,
or may not accept or may withhold or delay consideration of
applications, or may not approve or may limit approval of the
Company’s product candidates, and (ii) changes in the national or
international political and regulatory environment may make it more
difficult to gain regulatory approvals and risks related to the
Company’s efforts to maintain and protect the patents and licenses
related to its product candidates; risks that the Company may never
realize the value of its intangible assets and have to incur future
impairment charges; risks related to the size and growth potential
of the markets for the Company’s product candidates, and the
Company’s ability to service those markets; the Company’s ability
to develop sales and marketing capabilities, whether alone or with
potential future collaborators; the rate and degree of market
acceptance of the Company’s product candidates, if approved; the
economic and social consequences of the COVID-19 pandemic and the
impacts of political unrest, including as a result of geopolitical
tension, including the conflict between Russia and Ukraine, the
People’s Republic of China and the Republic of China (Taiwan), and
the evolving events in Israel and Gaza, and any sanctions, export
controls or other restrictive actions that may be imposed by the
United States and/or other countries which could have an adverse
impact on the Company’s operations, including through disruption in
supply chain or access to potential international clinical trial
sites, and through disruption, instability and volatility in the
global markets, which could have an adverse impact on the Company’s
ability to access the capital markets. These and other risks are
described in the Company’s periodic reports, including its Annual
Report on Form 10-K, Quarterly Reports on Form 10-Q and Current
Reports on Form 8-K, filed with or furnished to the Securities and
Exchange Commission and available at www.sec.gov. Any
forward-looking statements that the Company makes in this press
release speak only as of the date of this press release. The
Company assumes no obligation to update forward-looking statements
whether as a result of new information, future events or otherwise,
after the date of this press release.
Contact Information:Eric
Curtisecurtis@windtreetx.com
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