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"Major" Milestone As ValiRx's VAL201 Is Granted Patent In EU

Wed, 25th Apr 2018 13:41

LONDON (Alliance News) - Biotechnology company ValiRx PLC said Wednesday its VAL201 compound has been granted a patent in the EU.

This, it said, follows a US patent which was granted for VAL201, a proposed prostate cancer treatment currently in clinical trials, in March.

ValiRx said the patent grant was a "major" milestone for the company, with the treatment now having patent cover across much of the globe and in all major markets.

Shares were up 2.1% on Wednesday at 3.19 pence each.

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