RE: STX Patent positive RNS14 Mar 2019 15:57
TIDM: STX
RNS Number : 9328S
Shield Therapeutics PLC
14 March 2019
Shield Therapeutics plc
("Shield" or the "Group")
European Patent Office reaches positive decision on Feraccru(R)'s process patent
London, UK, 14 March 2019: Shield Therapeutics plc (LSE: STX), a commercial stage pharmaceutical company with a focus on addressing iron deficiency with or without anaemia via its lead product Feraccru(R), announces that, further to Shield's announcement on 24 January 2019 and in relation to the Group's patent #2 668 175, which covers a "Process for preparing an iron hydroxypyrone", the Opposition Division of the European Patent Office (EPO) has today decided in favour of Shield.
The decision by the EPO, which was reached having taken into account Shield's first and preferred minor amendment, follows a hearing in relation to the opposition that had been filed against the patent by a third party. This means that the patent as amended and the invention to which it relates meet the requirements of the European Patent Convention and they will continue to provide protection to Feraccru(R) through to 2032.
Customary rights of appeal apply to the third-party opposition and Shield will continue to proactively and robustly defend its intellectual property.
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