Realm Therapeutics PLC Patent portfolio strengthened with USPTO allowance
February 27 2018 - 2:03AM
RNS Non-Regulatory
TIDMRLM
Realm Therapeutics PLC
27 February 2018
Realm Therapeutics Strengthens its Patent Portfolio with Two New
USPTO Notice of Allowances
MALVERN, PA, February 27, 2018 - Realm Therapeutics plc
(AIM:RLM), a clinical stage biopharmaceutical company focused on
developing novel therapeutics in immune-mediated diseases,
announced today that the United States Patent and Trademark Office
(USPTO) has issued notices of allowance for two new patents that
expand the intellectual property portfolio around the Company's
proprietary immunomodulatory technology.
U.S. Patent Application No. 15/170,046, entitled "Methods for
Treating Inflammation Associated with Allergic Reaction," covers
the use of Realm's proprietary immunomodulatory technology across
all dermatology and ophthalmology indications involving allergic
inflammation. The patent further solidifies Realm's patent
exclusivity for the Company's two lead candidates, PR013 for the
treatment of Allergic Conjunctivitis and PR022 for the treatment of
Atopic Dermatitis, both of which are currently in Phase 2 clinical
trials. This patent provides coverage through March 2032 and may be
eligible for patent term extension upon product approval.
U.S. Patent Application No. 14/670,641, entitled "Methods and
Compositions for Treating Inflammatory Disorders," for the
treatment of inflammation associated with Type II or Type III
hypersensitivity reactions, provides additional exclusivity for the
use of the Company's proprietary immunomodulatory technology in
treating auto-immune disorders. This patent is expected to be
beneficial as Realm looks to expand its pipeline to other
inflammatory conditions in the future.
"These patent allowances expand the breadth of our intellectual
property estate and further validate the proprietary nature of our
immunomodulatory technology," said Alex Martin, CEO of Realm
Therapeutics. "As we look forward to the results of our Phase 2
study for PR013 in Allergic Conjunctivitis later in the first
quarter, as well as the results of our Phase 2 trial for PR022 in
Atopic Dermatitis in the third quarter, we are gratified to have
even stronger patent protection for our dermatology and
ophthalmology programs. We believe our proprietary technology has
potential applications across a wide array of indications and are
pleased that our patent portfolio extends to the treatment of
autoimmune disorders."
About Realm Therapeutics
Realm Therapeutics is a clinical-stage biopharmaceutical company
focused on developing novel therapeutics that target the
intersection between innate and adaptive immunity, to influence
immune signaling and change the course of immune-mediated diseases
in adults and children. Realm's lead drug development programs
utilize the Company's proprietary immunomodulatory technology for
the treatment of Allergic Conjunctivitis (PR013) and Atopic
Dermatitis (PR022) and Realm is exploring its efficacy in
additional Ophthalmology and Dermatology indications as well as
other disease areas. For more information on Realm Therapeutics,
Inc. please visit www.realmtx.com.
Forward Looking Statements
Certain statements made in this announcement are forward-looking
statements. These forward-looking statements are not historical
facts but rather are based on the Company's current expectations,
estimates, and projections about its industry; its beliefs; and
assumptions. Words such as 'anticipates,' 'expects,' 'intends,'
'plans,' 'believes,' 'seeks,' 'estimates,' and similar expressions
are intended to identify forward-looking statements. These
statements are not guarantees of future performance and are subject
to known and unknown risks, uncertainties, and other factors, some
of which are beyond the Company's control, are difficult to
predict, and could cause actual results to differ materially from
those expressed or forecasted in the forward-looking statements.
The Company cautions shareholders and prospective shareholders not
to place undue reliance on these forward-looking statements, which
reflect the view of the Company only as of the date of this
announcement. The forward-looking statements made in this
announcement relate only to events as of the date on which the
statements are made. The Company will not undertake any obligation
to release publicly any revisions or updates to these
forward-looking statements to reflect events, circumstances, or
unanticipated events occurring after the date of this announcement
except as required by law or by any appropriate regulatory
authority.
Contact:
Realm Therapeutics plc
Alex Martin, Chief Executive Officer
Marella Thorell, Chief Financial Officer and Chief Operating
Officer
Outside US: +44 (0) 20 3727 1000
US: +1 212 600 1902
Argot Partners
Stephanie Marks
+1 212 600 1902
FTI Consulting
Simon Conway / Mo Noonan
+44 (0) 20 3727 1000
N+1 Singer (Nominated Adviser and Broker)
Aubrey Powell / Jen Boorer
+44 (0) 20 7496 3000
This information is provided by RNS
The company news service from the London Stock Exchange
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February 27, 2018 02:03 ET (07:03 GMT)
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