ZYUS Life Sciences Receives United States Patent No. 11,963,943 Covering Pain Management
April 23 2024 - 7:00AM
Business Wire
ZYUS Receives Patent from United States Patent
and Trademark Office (“USPTO”) Supporting ZYUS’ Lead Drug
Candidate
ZYUS Life Sciences Corporation (the “Company”) (TSX-V: ZYUS), a
Canadian-based life sciences company focused on the development and
commercialization of novel cannabinoid-based pharmaceutical drug
candidates for pain management, announced today that the USPTO
issued U.S. Patent No. 11,963,943, entitled FORMULATION FOR PAIN
MANAGEMENT on today’s date. The patent, held by ZYUS’ wholly owned
subsidiary, ZYUS Life Sciences Inc., is based on International
Patent Application No. PCT/CA2020/050588 with claims pertaining to
ZYUS’ lead drug candidate, Trichomylin® softgel capsules. This
marks the seventh issuance of a patent in this patent family,
joining other jurisdictions such as Canada, Australia, Israel,
India, Korea and South Africa. The issuance of this patent by the
USPTO underscores ZYUS’ commitment to innovation and dedication to
improving patient outcomes through the development of
non-opioid-based pharmaceutical solutions as a viable alternative
for managing pain.
Intellectual Property Portfolio
ZYUS’ intellectual property portfolio contains multiple patent
families related to fixed-dose cannabinoid-based formulations for
the treatment of pain and a variety of other clinically unmet
needs. Including the U.S. patent issued covering its lead drug
candidate, Trichomylin® softgel capsules, ZYUS’ intellectual
property portfolio, with a focus on novel therapies, currently
contains seven issued patents, eleven nonprovisional patent
applications that have been filed internationally, four
continuation-in-part applications filed in the U.S. and one
provisional patent application directed to formulations and
treatments.
Trichomylin® Softgel Capsules Phase 2 Clinical Trial
Trichomylin® softgel capsules have been formulated with a
proprietary fixed-dose combination, specifically designed for the
management of chronic pain by delivering a balanced ratio of three
cannabinoids – cannabichromene (“CBC”), cannabidiol (“CBD”) and
delta-9-tetrahydrocannabinol (“THC”). ZYUS’ previously announced
Phase 2 Clinical Trial will assess the preliminary efficacy, safety
and tolerability of Trichomylin® softgel capsules in patients with
advanced cancer and moderate to severe cancer-related pain.
“Receiving this patent for the treatment of pain using our
non-opioid-based formulation validates our ongoing commitment to
innovation and investment in research, marking a pivotal step
towards the development of this urgently needed medicine. To our
knowledge, this is the first time a U.S. patent has been awarded
for a cannabinoid-based fixed-dosed formulation containing CBC, CBD
and THC,” said Brent Zettl, President and CEO of ZYUS. “Our
clinical development program for the Trichomylin® formulation is
well-positioned for success given both the new patent issuance and
recently announced Phase 2 Clinical Trial, which aims to
demonstrate preliminary efficacy, safety and tolerability of this
novel drug candidate. We intend to use the data from our extensive
pre-clinical and non-clinical studies, completed Phase 1 Clinical
Trial and proposed Phase 2 Clinical Trial to form the basis of an
Investigational New Drug application with the U.S. FDA.”
About ZYUS Life Sciences Corporation
ZYUS (TSXV: ZYUS) is a life sciences company focused on the
development and commercialization of novel cannabinoid-based
pharmaceutical drug candidates for pain management. Through
rigorous scientific exploration and clinical research, ZYUS aims to
secure intellectual property protection, safeguarding its
innovative therapies and bolstering shareholder value. ZYUS’
unwavering commitment extends to obtaining regulatory approval of
non-opioid-based pharmaceutical solutions, in pursuit of
transformational impact on patients’ lives. For additional
information, visit www.zyus.com or follow us on X (formerly known
as Twitter) @ZYUSCorp.
Cautionary Note Regarding Forward-Looking Statements
This news release contains “forward-looking information” within
the meaning of applicable securities laws relating to the Company’s
business, the Company’s ability to advance clinical research
activities, realize on its objectives and obtain regulatory
approval of cannabinoid-based pharmaceutical drug product
candidates such as Trichomylin® softgel capsules, introduce
products that act as alternatives to current pain management
therapies such as opioids, advance Phase 2 clinical development of
Trichomylin® softgel capsules and Investigational New Drug
applications with the US. FDA. Any such forward-looking statements
may be identified by words such as “expects”, “anticipates”,
“intends”, “contemplates”, “believes”, “projects”, “plans”, “will”
and similar expressions. Readers are cautioned not to place undue
reliance on forward-looking statements. Statements about, among
other things, the Company’s business, the Company’s ability to
advance clinical research activities, realize on its objectives and
obtain regulatory approval of cannabinoid-based pharmaceutical drug
product candidates such as Trichomylin® softgel capsules, introduce
products that act as alternatives to current pain management
therapies such as opioids, advance Phase 2 clinical development of
Trichomylin® softgel capsules and file Investigational New Drug
applications with the US. FDA are all forward-looking information.
These statements should not be read as guarantees of future
performance or results. Such statements involve known and unknown
risks, uncertainties and other factors that may cause actual
results, performance or achievements to be materially different
from those implied by such statements. Although such statements are
based on management’s reasonable assumptions, there can be no
assurance that the Company will be able to advance its clinical
research activities and further operations, realize its objectives
and obtain regulatory approval of cannabinoid-based pharmaceutical
drug product candidates, introduce products that act as
alternatives to current pain management therapies such as opioids,
advance Phase 2 clinical development of Trichomylin® softgel
capsules or file Investigational New Drug applications with the US.
FDA. The Company assumes no responsibility to update or revise
forward-looking information to reflect new events or circumstances
or actual results unless required by applicable law. Neither the
TSXV nor its Regulation Services Provider (as that term is defined
in the policies of the TSXV) accepts responsibility for the
adequacy or accuracy of this press release.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240423113052/en/
ZYUS Media Inquiries media@zyus.com 1-833-651-7723 ZYUS Investor
Relations investors@zyus.com
Zyus Life Sciences (TSXV:ZYUS)
Historical Stock Chart
From Nov 2024 to Dec 2024
Zyus Life Sciences (TSXV:ZYUS)
Historical Stock Chart
From Dec 2023 to Dec 2024